Want to get the most out of your pre-tax income? Paywise offers eligible WA employees a cost-effective and convenient way to pay for the purchase and running costs of your car through a Novated Lease. Leveraging our local expertise and strong connections with dealerships across WA, we negotiate competitive pricing, plus you’ll save on the GST on the purchase price (not to mention on fuel, servicing, and tyres too!).
With our affordable Novated Leasing options, you’ll be driving away in a new car and saving sooner than you think. Discover your Novated Car Lease savings below or contact our team today to see how much you could save.
What is a Novated Lease?
A Novated Lease is a type of arrangement where your employer makes payments from your pre-tax salary to cover the finance and running costs for your vehicle. By choosing to take out a Novated Lease in Perth with Paywise, you’ll receive significant tax savings, whilst also enjoying taking advantage of our fleet discounts.
Who is Eligible for a Novated Lease?
To apply for a Novated Lease in Perth and across Western Australia, you must be employed in Australia with a regular income, and your employer must offer salary packaging. You’ll need to provide the following when applying for a Novated Lease:
Proof of identification
Evidence of income
Verification of your current address
Details of your assets, liabilities, and ongoing expenses
After submission, your application undergoes a finance review and credit assessment, 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 WA?
You can make electric vehicle ownership more affordable through a Novated Lease with Paywise.
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 Victoria wanting to own an EV, presenting a highly compelling opportunity via salary packaging under a novated lease arrangement.
How does Novated Leasing work for WA employees?
A Novated Lease in Western Australia is a three-way lease agreement between:
An employee
An employer
A Novated Leasing provider, such as Paywise
It’s an ATO-approved agreement that allows employees to use their pre-tax income to fund a new or used car, including all associated running costs.
How it works:
You choose the lease term and monthly payment that suits your needs.
Payments are automatically deducted from your pre-tax salary, so you don’t need to worry about budgeting or missed repayments.
Skip the hassle of a traditional car loan and enjoy all the benefits of Salary Sacrificing with a Novated Lease in Western Australia!
For over 35 years, Paywise have been helping Western Australian employees get the most out of their income with Salary Packaging and Novated Leasing. Proudly Australian-owned with a national presence, we pride ourselves on delivering exceptional service to our customers across the country. Whether treating yourself or simply making your pay go further to cover everyday living costs, we help you get the most out of your salary.
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.
Ready to maximise your tax savings through Salary Packaging?
Let us help you maximise your pre-tax income with a Novated Lease via Salary Sacrificing. We have an experienced Business Development Manager based in WA who is available to assist West Australians with all their Salary Sacrifice and Novated Lease queries. Contact us today to book your obligation-free workplace visit.
