Australia’s Most Underrated Tax Advantage – Are You Using It?

Drive by Friday

20 June

Drive by Friday

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Drive by Friday –

Most Aussies know about tax-deductible donations, negative gearing, and salary sacrificing into super. But there’s one ATO-approved benefit that often flies under the radar — and it can put thousands back in your pocket each year.

In short, a novated lease lets you:
🚘 Drive the car you want
💸 Pay for it (and all your running costs) using pre-tax income
📉 Reduce your taxable income and potentially save thousands per year

You don’t need a luxury car.
You don’t need to be in a senior role.
You just need to understand how it works — and decide if it’s right for you.

A novated lease lets you use pre-tax income to pay for your car and its running costs — which means you could be paying less income tax, while still driving the car you want.

It’s a legit tax-saving strategy that’s still surprisingly underused in Australia.

✅ You don’t pay GST on the car purchase or running costs
✅ Fuel, servicing, insurance, rego, and tyres are all bundled into one easy payroll deduction
✅ You reduce your taxable income, so your take-home pay increases without a pay rise
✅ It's fully compliant with ATO guidelines and works for many full-time employees across industries

Many people think novated leasing is just for high earners or company execs — but that’s old news. It’s widely accessible to everyday Australians earning a regular salary.

In fact, with the rising cost of living and fuel, smart Australians are using novated leases to lock in predictable car costs and minimise their tax — especially around EOFY.

TIME TO DRIVE AWAY IN YOUR NEW CAR

If you haven’t looked into novated leasing before, now’s the time — especially with EOFY just around the corner.

Want to know how much you could save?

Reach out to one of the many Novated Leasing companies in Australia and drive away in your new car today.