Novated leasing solutions for employers
What’s a novated lease and how can it add value to your business?
The smarter way to reward your people without increasing salaries.
A novated lease is a powerful, cost-neutral employee benefit that allows your team members to pay for a car and its running costs directly from their salary, often reducing their taxable income in the process. Structured as a three-way agreement between your business, your employee and FleetPartners, it’s simple to implement and manage, with payroll deductions set up to minimise administration on your end.
In a competitive employment market, benefits that deliver real financial value matter. By offering novated leases, you give your employees a practical way to manage rising living costs while strengthening your ability to attract and retain top talent. All of that without any hidden brokerage fees or commissions, and without adding to your operating expenses.
Our simple, fully supported implementation process
Introducing novated leasing with FleetPartners is straightforward from day one. We guide you through setup, provide ready-to-use resources, and manage the heavy lifting behind the scenes so you can offer a valuable employee benefit without adding complexity to your business. From launch to ongoing management, we make sure you're supported through every stage.
Promote the benefit
We help you introduce novated leasing to your workforce with clear, engaging communication tools. From digital resources and FAQs to onsite presentations and webinars, FleetPartners supports you in building awareness and driving employee engagement. All you need to do is let your team know that the benefit is available and we’ll take care of explaining how it works and the savings potential.
FleetPartners handles the setup
Once an employee decides to proceed, FleetPartners manages the process from end-to-end. We’ll help them choose and finance their vehicle, source the car if required, bundle running costs, and structure the lease to suit their needs. Your involvement is minimal, and we keep both you and your employee informed and in control at every stage.
Simple payroll, seamless management
Ongoing management is just as easy; all you need to do is facilitate the payroll deductions. For approved employers, we can even work with your payroll team to ensure the correct pre- and post-tax amounts are automatically applied throughout the life of the lease. We manage adjustments as needed, so payments stay on track and everything reconciles smoothly each month.
How offering novated leasing can benefit your business
A novated lease offering gives your team a practical way to make their salary go further, while giving you a compelling edge when it comes to attracting and retaining talent. FleetPartners makes novated leases simple to offer and easy to manage so there’s almost no added admin burden. Want to enhance your employee value proposition, support financial wellbeing and strengthen loyalty - all with a benefit that’s designed to work as hard for your business as it does for your employees? FleetPartners novated leasing is the smart move for your business.
FAQs
How does offering novated leases to my team benefit my business?
Novated leasing strengthens your employee value proposition in a way that genuinely resonates with your team members. For many employees, making payments from their pre-tax salary provides a more cost-effective way of financing a new car when compared to a personal loan, as well as making it easier to manage the costs associated with running a car, and that can translate into improved retention and increased employee satisfaction. Because it’s entirely employee-funded, a novated lease delivers meaningful value without increasing salaries or fixed costs. It’s a smart, low-risk way to stand out in a competitive employment market.
Are there any costs to my business?
Working with an experienced provider like FleetPartners means there’s no additional cost to your business associated with offering novated leasing. We work with you to manage employee deductions to meet applicable Fringe Benefits Tax obligations, and there are no hidden brokerage fees or commissions charged to your organisation. The lease payment is entirely funded by the employee via their salary deductions. You gain a high-impact employee benefit without adding a cost to your business.
What kind of support is available?
FleetPartners manages the process from start to finish. We provide launch communications, employee education sessions, online resources and ongoing engagement tools to drive awareness. Once an employee signs up, we handle vehicle sourcing, finance, packaging of running costs and ongoing lease management. For approved employers, we even work directly with your payroll team to ensure deductions are automatically adjusted when needed so administration stays simple and seamless.
Is Fringe Benefits Tax (FBT) payable on a novated lease?
FleetPartners uses the Employee Contribution Method to structure novated leases so that employee post-tax deductions are sufficient to offset the applicable FBT. This post-tax employee contribution reduces the FBT taxable value of the vehicle, meaning FBT is generally not payable We guide you through the set-up to make sure everything is established correctly and makes sense to you from the outset.
Are there any extra benefits for employees that choose an electric car?
Yes! Currently, eligible electric vehicles can offer even greater tax savings, with the potential for the lease payments to be taken entirely from pre-tax salary due to the FBT exemption. Beyond the financial upside, supporting EV uptake can also help align your organisation with broader sustainability goals and emissions targets: a win for your people and your brand. But with the government committed to a review of the FBT exemption, these benefits may not last forever.
The novated lease employer support hub
Find everything you need to confidently manage novated leasing for your team in the novated employer support hub. From setting up your program and understanding your employer obligations to navigating payroll, reporting and day-to-day administration, you'll find the answers to all the most commonly-asked novated leasing questions in this employer resource centre.
