Novated Leases for Brisbane, Gold Coast and QLD locals
Paywise offer employees across Queensland, from the Gold Coast to Cairns, Brisbane, the Sunshine Coast, and beyond, a cost-effective and convenient way to purchase their next car, whilst potentially saving thousands in the process.
Our experienced local team combines in-depth knowledge of ATO and QLD tax regulations with strong dealership relationships, delivering a seamless, personalised experience from start to finish for Novated Leasing across Brisbane and QLD. Work out your Novated Lease savings below with our calculator or get in touch with our team today.
What is a Novated Lease?
A Novated Lease is an arrangement where your employer makes payments from your pre-tax salary to cover the running costs and finance of your vehicle. With a Novated Lease through Paywise, you could enjoy a reduced purchase price on your vehicle in QLD and receive significant tax savings!
Who is Eligible for a Novated Lease?
If you want to apply for a Novated Lease in Brisbane and across Queensland, you need to be employed in Australia with a steady income, and your employer must provide salary packaging. Applications for Novated Leases typically require:
Valid identification
Proof of income
Evidence of your current address
Information about your assets, liabilities, and ongoing expenses
After submitting your application, it will go through a finance review and credit assessment to confirm your eligibility, similar to applying for a car loan. However, keep in mind that a novated lease covers all your running costs, not just the finance.
Which incentives are available for electric vehicles in QLD?
Legislation was passed in late 2022 to exempt certain Electric Vehicles (EVs) from incurring Fringe Benefits Tax (FBT). This is exciting news for anyone in Queensland wanting to own an EV, presenting a highly compelling opportunity via salary packaging under a novated lease arrangement.
A Novated Lease in Queensland is a three-way lease agreement between:
An employee
An employer
A Novated Leasing provider, like Paywise
It is an ATO-approved agreement, allowing employees like you to use your pre-tax income to finance your new or used car. This extends to the running costs that go with owning a vehicle too.
How it works:
You select the lease term and monthly payment amount to reduce your lease balance.
Payments are automatically taken from your pre-tax salary, removing the hassle of budgeting and remembering repayments.
When the lease ends, a residual payment will need to be made to settle the lease.
Don’t bother with the hassle of a regular car loan; take advantage of the many benefits of a Novated Lease in QLD!
For over 35 years, Paywise have been helping Queensland employees get the most out of their income with Salary Packaging and Novated Leasing. We are proudly Australian-owned and have a national presence, delivering exceptional service to customers across the country. No matter if you’re treating yourself or making your pay go further by covering everyday living costs, we can help you get the most out of your salary in QLD.
Personalised Service, From Start To Finish
At Paywise, you’ll talk to a real person. From day one, you’ll have a dedicated specialist to guide you through the entire process.
Enjoy 24/7 Access To Your Benefits
Manage all benefits at your fingertips with the Paywise App and access your digital card, view transaction balances and submit claims, all at a glance. You can even live chat with your Paywise account manager!
Trade-Ins Made Easy
Got a car that’s struggling to sell? We can negotiate with our network of wholesalers and dealers to get it sold at a price you’re happy with.
Why choose Paywise as your QLD Novated Lease provider?
Paywise have helped employees across the state, from Brisbane to the Gold Coast and beyond, to access more of their take home pay and earn significant savings for over 35 years through Novated Leasing. Beyond decades of experience, it is our personalised service, tailored to every client, that has earned us numerous positive reviews and testimonials.
When you reach out to Paywise, you will talk to our Australian-based team. You always speak directly with a Paywise expert, every time. Our Novated Lease sales team work tirelessly to ensure clients get the help they need. This extends to delivering on our brand promises, even beyond regular work hours.
Speak with Queensland’s Novated Leasing experts today.
Learn more about our Novated Lease options in Queensland and find out how much you could save by contacting Paywise today. Give us a call on 1300 132 532 or email info@paywise.com.au. Our QLD Novated Lease experts are here to answer any queries you have.
