Remunerator News

Jun 23 2016

Save More, While You’re on Holiday, With Your Novated Lease


Save money! No effort required! Holiday! Trigger words! Yeah, I obviously studied Marketing.


Good news, this isn’t even a gimmick. I just like trigger words. Anyway, yeah, let’s discuss saving money and holidays.


Novated Lease unavailability is industry terminology describing the process whereby if you do not have use of your vehicle for a period of time, you may be able to declare unavailability. Put simply, the FBT (fringe benefits tax) liability will be reduced by any days deemed as being unavailable.


Okay, so that’s not put simply. Let’s try again. Remember: Save money… No effort required… Holiday… Ahem, just keep reading…


So, if you go on holiday, and you park your car at your employer (note: employer needs to hold the keys), you may not be required to accrue FBT on your vehicle while you’re away.


There you go. You’re welcome. Oh, and to record your unavailability simply login into your account via this link:


Call your Remunerator representative on 1800 501 703 today. Let us show you how a Novated Lease can help you save thousands.