What is salary packaging?
For over 25 years, Fleet Network has assisted customers across Australia in understanding and taking advantage of salary packaging and the employee benefits available to them.
Also commonly referred to as salary sacrificing, salary packaging is an easy and affordable way to pay for everyday living expenses, such as a car, mortgage or rent payments or even dining out and entertainment, using your pre-tax income. This reduces your taxable income, therefore allowing you to potentially save thousands every year!
With salary packaging benefits through your employer, you can use your pre-tax income to cover some everyday expenses.
Not only that, when you choose salary packaging and benefits through your employer, you can maximise your take-home pay, while paying less tax.
So how does salary packaging work?
Usually, your employer deducts income tax from your wage and deposits the remaining funds into your bank account.
With salary packaging, you pay for your living expenses (such as mortgage or rent, utilities, groceries and car expenses) with the pay you receive before tax deductions.
When it comes to salary packaging a car from Fleet Network, a payment comes out before your employer deducts your taxes, which includes your vehicle finance repayment along with any vehicle running costs!
As a result, you may be able to reduce your taxable income and increase your disposable income, thereby having more money available for savings and everyday essentials.
Why you should salary package
The extra savings and benefits you can enjoy from salary packaging can help you save on everyday expenses and add more to your long-term savings goals.
Pay off everyday expenses
Salary packaging expenses like mortgages or rent, loans, and credit card payments allows you to stay on top of your finances while accessing additional tax savings.
Enjoy tax-free purchases
You can receive a better deal by opting for a novated lease or acquiring other big purchases on your wish list. Leasing an eligible electric vehicle can also provide significant financial benefits, including government incentives like the Electric Vehicle Discount, which eliminates FBT for eligible purchases.
Grow your retirement savings
Depending on your eligibility, you may be able to salary package additional contributions you make to your super fund and save even more on taxes.
Salary Packaging with Fleet Network could save you thousands.
When you salary package your new or used vehicle on a Fleet Network novated lease, you could save on tax, benefit from better budgeting, and take advantage of our fleet discounts with our network of vehicle brands.
What can I salary package in Australia with Fleet Network?
Corporate
Fringe Benefit Tax Status: Full FBT
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles) Leasing an electric vehicle can offer significant benefits, such as reduced Fringe Benefits Tax (FBT) and potential savings from purchasing eligible vehicles under the luxury car tax threshold
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
- Work Related Self-education expenses
- Airport Lounge Membership
- Relocation expenses/Living Away From Home Allowance/FIFO travel
- Professional Membership Fees and Subscriptions
- Financial Advice
- Childcare (if employer provided on-site)
- Otherwise Deductible items (Home Office Expenses, Workplace giving)
State and Federal Government
Fringe Benefit Tax Status: Full FBT
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles). Leasing an electric vehicle can offer significant benefits, such as reduced Fringe Benefits Tax (FBT) and potential savings from purchasing eligible vehicles under the luxury car tax threshold.
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
Work Related Self-education expenses
Airport Lounge Membership
Relocation expenses/Living Away From Home Allowance/FIFO travel
Professional Membership Fees and Subscriptions
Financial Advice
Childcare (if employer provided on-site)
Otherwise Deductible items (Home Office Expenses, Workplace giving)
Public (State) Hospitals or Ambulance Services
Fringe Benefit Tax Status: FBT Exempt
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles) Leasing an electric vehicle can offer significant benefits, such as reduced Fringe Benefits Tax (FBT) and potential savings from purchasing eligible vehicles under the luxury car tax threshold
- Living Expenses (Mortgage/rent, groceries or bills) (Capped at $9,010)
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
- Work Related Self-education expenses
- Airport Lounge Membership
- Relocation expenses/Living Away From Home Allowance/FIFO travel
- Professional Membership Fees and Subscriptions
- Financial Advice
- Childcare (if employer provided on-site)
- Meal Entertainment, Accommodation and Venue hire (Capped at $2,650)
- Otherwise Deductible items (Home Office Expenses, Workplace giving)
Charities / Not-For-Profit Aged and Disability Care
Fringe Benefit Tax Status: FBT Exempt
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles) Leasing an electric vehicle can offer significant benefits, such as reduced FBT and potential savings from purchasing eligible vehicles under the luxury car tax threshold
- Living Expenses (Mortgage/rent, groceries or bills) (Capped at $15,900)
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
- Work Related Self-education expenses
- Airport Lounge Membership
- Relocation expenses/Living Away From Home Allowance/FIFO travel
- Professional Membership Fees and Subscriptions
- Financial Advice
- Childcare (if employer provided on-site)
- Meal Entertainment, Accommodation and Venue hire (Capped at $2,650)
- Otherwise Deductible items (Home Office Expenses, Workplace giving)
Independent Education
Fringe Benefit Tax Status: FBT Rebatable
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles) Leasing an electric vehicle can offer significant benefits, such as reduced FBT and potential savings from purchasing eligible vehicles under the luxury car tax threshold
- Living Expenses (Mortgage/rent, groceries or bills) (Capped at $15,900)
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
- Work Related Self-education expenses
- Airport Lounge Membership
- Relocation expenses/Living Away From Home Allowance/FIFO travel
- Professional Membership Fees and Subscriptions
- Financial Advice
- Childcare (if employer provided on-site)
- Meal Entertainment, Accommodation and Venue hire (Capped at $2,650)
- Otherwise Deductible items (Home Office Expenses, Workplace giving)
Not-for-Profit / Unions / Religious Associations
Fringe Benefit Tax Status: FBT Rebatable
- Laptops, tablets, mobile phones and smartwatches (portable electronic devices)
Additional Superannuation Contributions (First Home & Retirement Planning)
- Novated Lease Vehicles (includes EV’s, new, used or existing vehicles) Leasing an electric vehicle can offer significant benefits, such as reduced FBT and potential savings from purchasing eligible vehicles under the luxury car tax threshold
- Living Expenses (Mortgage/rent, groceries or bills) (Capped at $15,900)
- Remote Area Benefits (in areas denoted as Remote by the ATO)
- E-bikes
- Work Related Self-education expenses
- Airport Lounge Membership
- Relocation expenses/Living Away From Home Allowance/FIFO travel
- Professional Membership Fees and Subscriptions
- Financial Advice
- Childcare (if employer provided on-site)
- Meal Entertainment, Accommodation and Venue hire (Capped at $2,650)
- Otherwise Deductible items (Home Office Expenses, Workplace giving)
Get In Touch
4 hour response time!See how much you could save
From a reduced tax bill to exclusive discounts and deals, find out how much more you could be saving by setting up a salary packaging agreement.
Fleet Network by Paywise offer salary packaging for eligible employees across Australia
No matter where you’re located, Fleet Network can help employees across a wide range of industries in Australia, by salary packaging their living expenses through a novated lease. Whether you work in government, police, or defence or the health industry, simply click on your state below to find out how we can further help you in your home city. Industry not listed? Contact us to see if you’re eligible for salary packaging with Fleet Network.
Frequently Asked Questions
Who can salary package?
Anyone can salary package a car in Australia if their employer offers this benefit to their staff. Simply ask your payroll department if you are allowed to salary package and we will liaise with your employer on your behalf to set it up for you.
If you have any other questions about salary packaging, please call Fleet Network on 1300 865 216 or via our Quote Form. We would be happy to arrange an obligation-free quote, or a visit to your workplace at your convenience.
Can I salary package my own car?
Yes, you can salary package your own vehicle. If you currently have a vehicle on finance, we can arrange to transfer that vehicle and the loan to a novated lease on your behalf, allowing you to take full advantage of the benefits of novated leasing.
What happens if I change employers?
If you change employers, your lease through your salary packaging arrangement is fully portable, subject to the agreement of your new employer.
This would require a new deed of novation between you, your new employer, and the financier, but the lease term would carry on uninterrupted.
You could also continue to make the lease repayments from your post-tax salary or pay out the vehicle.
Whichever option you choose, the Fleet Network team will guide you through the process and prepare all documentation.
Novated Lease
$30,980
Included
Included
$63,180
$63,180
Novated Lease
$58,605
Included
Included
$105,690
$105,690
Testimonials
Extremely professional!
Mitch and Helena are both a pleasure to deal with and were always happy to help with my enquirers. I have dealt with other leasing companies over the years but none of them were as professional and helpful as these two guys. I can’t speak highly enough of them, an asset to the business. Thanks guys, great work.
John Rekia
WA Police
The service has been outstanding
From my first enquiry to the delivery of my new car, the service has been outstanding. I would highly recommend Fleet Network to anyone considering salary packaging.
