What is salary packaging?
For over 25 years, Fleet Network has assisted customers across Australia in understanding salary packaging and benefits.
With salary packaging benefits through your employer, you can use your pre-tax income to cover some everyday expenses. Consequently, you can maximise your take-home pay while paying less in taxes.
Your employer typically deducts income tax from your paycheck and deposits the remaining funds into your bank account. Using the pay you receive before tax deductions, you pay for your living expenses – mortgage or rent, utilities, groceries, and car expenses.
By salary packaging from Fleet Network, we help you pay your car repayments along with your running costs from your pay before your employer deducts your taxes. 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 novating your lease on a vehicle or acquiring other big purchases on your wish list.
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.
When you salary package your vehicle on a Fleet Network novated lease, you could save on taxes, benefit from better budgeting, and purchase your next vehicle at a discounted price.
What can I salary package?
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)
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)
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)
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)
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)
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)
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.
Salary Packaging Examples with Fleet Network
Salary packaging your car with Fleet Network, one of the leading salary packaging companies in Australia, is a smart way to make the most out of your pre-tax income. To give you a better idea of how salary packaging can save you money, we have created two real life examples comparing salary packaging with personal financing in Australia.
We have estimated 15,000km over a 5-year novated lease – this represents an ‘average’ package.
(Note: Recent budget changes mean that there is no longer a minimum number of kilometres that you have to travel in order to make significant savings through salary packaging, which is great news!)
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.
