Novated
Leases
The're
special concessions for 'not-for-profit' organisations that you can
provide
your staff with tax effective Novated Leases. A novated lease is a
three
way agreement between the employee, employer and a finance company. It
enables employees of not-for-profit organisations to be provided with a
vehicle of their own choice while still enjoying all the benefits of an
employees provided vehicle. For more information cut and paste and
email
the info from the bottom of this page.
WHO
IS IS IT AVAILABLE TO?
The
following types of organisations receive concessional FBT treatment
ranging
from grossed-up FBT-free benefits of up to $17000 or $30000 per
employee
per year to full exemptions for
others.
public
benevolent institutions
public
and not-for-profit hospitals
religious
institutions (for some employees), and
non-profit
organisations (for some employees)
In
addition most non-government organisations that are income tax exempt
will
qualify for a rebate of 48% of the gross FBT payable.
TYPES
OF NOVATED PACKAGES
Novated
Finance Lease
Lease
the vehicle (pre-tax) over a period of 1-5 years.
Maintained
Novated Finance Lease
Lease
the vehicle (pre-tax) over a period of 1-5 years including maintenance,
registration renewal, comprehensive insurance and fuel. All packaged in
one easy monthly payment.
Please
check with the ATO to confirm your organisation's FBT status and
seek
independent financial advice about the benefits of novated
leasing.
They
can tailor a finance package to suit everyone's
needs
with the minimum of fuss.
Other
value added benefits options:
PAYMENT
PROTECTION PLAN
All
of our finance packages, except fully maintained operating leases, come
with
a Payment Protection Plan as an option.
The
plan has 2 major benefits
involuntary
unemployment and sickness/accident.
Involuntary
unemployment.
The
Plan will pay your monthly loan repayments directly to the
financier
for up to 3 months should you lose your job involuntarily. This will at
least provide you with some time to find a new position without
stressing
on how to make your repayments or worse still, having your car
repossessed!
Sickness/Accident
If
you cannot work due to an accident or illness, after a short waiting
period, the
Plan will continue to make repayments to the financier, on your
behalf,
for as long as it takes you to resume work.
The
benefits are:
less stress
as your loan repayments are being met.
your credit
rating is protected for future borrowings
your car
will not be repossessed
if you
are so seriously sick or injured that returning to work is unlikely,
the
Plan may, in its discretion, pay out your loan in full. This will allow
you to sell the vehicle to raise much needed funds.
CUT,
PASTE, AND ANSWER THEN EMAIL ME Rob
Lamont HOW
DO I APPLY FOR LOAN AND / OR MOTOR VEHICLE
If
interested in getting
a new car please email me with the following info
Contact
person
Day
telephone number
Mobile
Fax number
Email
address
Organisation
Address
Would you
like info on optional car
loans as well
If you
currently do not
receive the Ministryblue.com monthly email would you like to be added
Yes
or No
OPTIONAL
CAR INFO ( As they will talk to personally about your needs)
Type
Model
How soon
before you want
to purchase
Trade in,
if any
Rob
Lamont
