Novated Lease Policy

Ensure your Novated Lease Policy covers new EV exemptions and employee arrangements

Novated leases are a great way for employers to facilitate employees acquiring new cars. It however is important to ensure that all aspects of the arrangement are properly defined and covered to protect both the employer and employee from any hidden future costs and surprises. 

There is a large trend towards employees choosing to purchase electric vehicles using novated leasing arrangements. Due to the rebates, exemptions and other offers available, it is important that there is framework and a policy to document how the arrangement will be facilitated. 

We also cover unexpected things such as employees leaving or being terminated, as well as the way the lease arrangement will be administered by the employer. 

Please reach out to our team for an initial complimentary, and obligation-free conversation, about how we can help transform your fleet policy

Important novated lease changes:

  • FBT exemption for electric cars (EV's)
  • Rebates and discounts for electric vehicles
  • Managing novated lease cars that are part of your grey fleet
  • Eligibility for novated lease arrangements
  • Administration of the arrangement