Compensation, Benefits and Rewards
Novated Leasing
Think Leasing is a Melbourne based Novated Leasing provider helping Australian employees and employers structure tax effective vehicle benefits across the full life of the lease.
- Arranges novated leases for both business use and 100 percent private use vehicles, with leases fully portable if an employee changes employer.
- Running costs such as fuel, registration, servicing, tyres, insurance and accessories can be bundled into a single easy payment each pay cycle.
- Arrangements are described on the vendor’s own site as completely ATO compliant, with no procurement fees charged to employees.
- Employer offering positions novated leasing as a no cost staff retention and attraction benefit that can reduce payroll tax and WorkCover costs.
Best for: Australian employers wanting a no cost salary packaged vehicle benefit to attract and retain staff, and employees seeking a portable, ATO compliant novated lease.