Do you use your personal vehicle for work?
Unlock tax savings with the Novated Lease Operating Cost Method.
Why choose our novated lease for business use?
The Operating Cost Method suits anyone who uses their personal car for work. These are the six reasons customers give us most often.
Tax savings
By packaging your vehicle expenses into pre-tax dollars, you can significantly reduce your tax.
Flexible vehicle choices
A brand-new car, a reliable used vehicle, or even your existing one — the choice is yours.
Streamlined management
We handle all the intricacies, from fuel and insurance to servicing.
Budget control
Accurately predict and manage your vehicle costs, avoiding unexpected financial surprises.
Employee benefits
A powerful incentive that can attract and retain top talent while minimising administration.
Compliance assurance
Our experts take care of the compliance and administrative aspects.
What the packages include.
Repayments
Finance for the vehicle itself.
Registration
Rego and CTP renewed automatically.
Fuel or charging
Paid with the Visa card. Any servo, any charger.
Insurance
Comprehensive, fleet pricing.
Servicing
Logbook services at any qualified mechanic.
Tyres
When they’re due, we replace them.
Vehicle procurement
We hunt the car down. New, demo, second-hand.
Ongoing support
One direct line, for the life of the lease.
Who is this for?
For professionals who use their personal car for business purposes, novated leases combined with the operating cost method offer a strategic leasing solution. The more one uses their vehicle for business, the greater the potential saving.
- Salespeople, consultants and real estate agents
- Medical professionals, contractors and field engineers
- Regional managers, mining workers and educators
Operating cost method vs. traditional novated lease.
The primary distinction between the two methods lies in the way business use is accounted for.
Operating cost method
- Use your personal car for business purposes
- Specify a business use percentage
- The higher the business use, the greater the potential tax savings
Traditional novated lease
- Tax benefits through salary packaging
- Does not take the business use percentage into account
- No added advantage for business use
Why employees love it.
Tax savings
Maximise deductions through salary packaging.
Vehicle freedom
Choose a car that resonates with your style.
Hassle-free
All vehicle-related expenses are bundled for convenience.
Flexibility
Easily transfer the lease between employers if job changes occur.
How employers benefit.
- Less admin. Minimise the hassle of fleet management.
- Attractive perk. A competitive advantage in employee attraction and retention.
- No residual risk. Eliminate concerns about vehicle resale values.
- Efficiency. Keep liabilities off the company balance sheet.
Experience the benefits today.
Discover how the Novated Lease Operating Cost Method can enhance your business operations, boost employee satisfaction and drive substantial tax savings.
This method is a type of vehicle leasing arrangement where employees can lease their personal car through salary packaging. It factors in a specified business use percentage, allowing for potential tax benefits.
The Operating Cost Method allows employees to specify a business use percentage, which indicates how much of the car’s use is for business. The Traditional Novated Lease does not take that percentage into account.
The higher your business use, the greater the potential tax saving. The percentage is supported by a logbook kept over a representative period.
Your agreement is fully portable between employers. If you decide to stop working, you can continue the lease privately.
You are the registered and insured owner of the vehicle, therefore the decision of who drives it is entirely yours.
Yes, but you can often reduce it. If you make after-tax contributions (known as the Employee Contribution Method), the taxable value of the benefit goes down. Eligible electric vehicles under the luxury car limit are currently FBT-exempt.
The 2025 guide to EV novated leasing in Australia
Everything that's changed since the FBT exemption – which cars qualify, what the luxury car limit really means, and the four mistakes we see people make.
Electric Car Discount Changes 2026: What It Means for Your EV Novated Lease
The Electric Car Discount is staying. Here's what's changing from 2027, what stays the same, and how a novated lease on an electric vehicle still stacks up.
How Do You Calculate Novated Lease FBT?
How FBT on a novated lease is calculated with the statutory formula or operating cost method, and how the employee contribution method offsets it.
FBT Exemptions for Plug-In Hybrid Electric Vehicles Are Changing – Here’s What You Need to Know
Plug-in hybrids stopped qualifying for the FBT exemption from 1 April 2025. Who could keep the exemption, and the lease changes that can end it.
Common misconceptions around residual values and novated leasing?
Common misconceptions about residual values on a novated lease, including who owns the car, selling it, and your options as the lease term ends.
What happens at the end of a novated lease
Your options when a novated lease ends, whether you refinance and keep the car, trade it in for a new one, or pay out the residual and own it.
Pick whichever feels right.
I know roughly what I want — let me filter.
Show me real, personalised weekly costs.
Direct line to a lease consultant. No call-centre script.
Plain-English answers to the things people actually ask.
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