Webnovation. ( nəʊˈveɪʃən) n. 1. (Law) law the substitution of a new obligation for an old one by mutual agreement between the parties, esp of one debtor or creditor for another. 2. an … WebAvailable on new, used and even existing cars, novated leasing is an ATO-approved arrangement between you, your employer and a finance company that lets you use pre-tax dollars to pay for a car and its expenses. Novated leasing also allows you to bundle not only your lease payments but your car’s running costs – including petrol, charging ...
Novated lease definition and meaning Collins English Dictionary
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Novated lease Definition & Meaning Dictionary.com
WebNov 9, 2024 · A novated lease is a cost effective way to buy and run a car. Search our FAQ to find information regarding you lease, running costs, car finance and more. Skip to main content. Employers; Dealers; About Us; Get in touch today! 1300 144 873. Toggle navigation. Calculate . Your Savings. How . it Works. Novated Leasing ... Web2. Child Support Your ‘earnings’ for Child Support purposes increased as a result of salary packaging. This may increase your obligations (or reduce your child support entitlements). Therefore, think carefully about salary packaging. There was still some worthwhile options (eg. car leasing), so we suggest you contact GO Salary to discuss. 3. WebDec 14, 2024 · A novated car lease is an agreement between you, your employer and a finance company whereby you take out a lease, and your employer takes the lease repayments and operating costs out of your pre-tax income. While the responsibility for these repayments is still yours, it is your employer who makes these payments. how many months was september 2021