Novated Leasing via Salary Sacrifice for the Defence Force
Fleet Network’s ADF Novated Leasing is an arrangement whereby your employer agrees to finance your vehicle and its running costs from your pre-tax income. Fleet Network facilitates a three-way novated lease agreement between you (an Australian Defence Force member), your employer (ADF) and the finance company which allows you to save thousands by reducing your salary prior to tax. This is also known as Salary Sacrificing or Salary Packaging.
How does it work?