What Can I Save When I Package a Motor Vehicle?

The tax saving per annum from packaging a vehicle is dependent on the price of the vehicle, the annual kilometres travelled and the employee's annual salary. A higher priced vehicle means a greater deduction from salary (salary sacrifice) to pay for the lease and operating cost of the vehicle and consequently the potential saving is increased.  With higher kilometres and higher salary, the greater the saving. It is often said salary packaging is the privilege of higher earning employees. It is, however, using the employees contribution (EC or post-tax) method where the vehicle packaging cost is partly paid post-tax, there is a net saving per annuum that makes it attractive for lower earning employees. The following table gives indicative net savings per annum ("the packaging benefit") for a range of annual kilometres and this is on top of the benefit of aggregated purchasing to get the best fleet discount available. I need more information on salary packaging cars.

You're welcome to use the Expression of Interest form on the right-hand panel. In response our representative will contact you regarding the provision of the best deal available.