QUEENSLAND GOVERNMENT NOVATED LEASE

Novated Car Leases for QLD Government Employees

Easi’s all-inclusive Novated Leasing lets you focus on the important things, like catching some of that Gold Coast Sun.

 

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What is Novated Leasing?

A novated lease, commonly recognized as a car salary packaging arrangement or salary sacrifice scheme, involves an agreement between you and your employer. Through this arrangement, you gain access to the services of a novated leasing or fleet provider for your household vehicle(s), and associated running costs.

With a self-managed or fully maintained novated lease, all you have to do is choose a car and you could save yourself a significant amount of cash by paying for the car using pre-tax dollars from your salary. In this arrangement, the vehicle you choose becomes part of your salary package.

You won’t need to worry about making payments because your employer will make car payments directly to the novated leasing or fleet provider from your pre-tax income.

Chasing an EV or hybrid? Check out new incentives in Queensland.

Different incentives are available by state/territory. Customers should confirm their own eligibility and be aware that government incentive programs are subject to funding limitations. Eligibility criteria may change at any time.

QLD

Incentives & Exemptions

The Queensland government offers a rebate of $6000 for new Zero Emission Vehicles (battery and hydrogen cell) purchased for up to $68,000. It will be available for those earning up to a total gross household income of $180,000 per year.
Plug-in hybrid electric vehicles are not eligible for the $3,000 rebate.

Qld Gov also charges lower duties for EVs than fossil fuel vehicles: $2 per $100 up to $100,000 (dutiable value), and $4 per $100 value thereafter (around a third less in total than more polluting vehicles).

Find out more here.

 

AUSTRALIA-WIDE

Incentives & Exemptions

In Australia, fuel-efficient cars attract less Luxury Car Tax, which is levied at 33c on each dollar above a certain threshold. EVs that sit below the Luxury Car Tax (LCT) threshold – currently $89,322 for the 2023-24 financial year – are now exempt from the five per cent import tariff if affected.

This means that vehicles will be exempt from the 47 per cent fringe benefits tax if they’re provided through employment arrangements.

An EV through a Novated Lease could save employers up to $9,000 a year on Fringe Benefits Tax for a start. The import tariff discount could make a $50,000 EV a further $2,000 cheaper.

Items You Can Salary Package

Novated Leasing (QLD)

You could save thousands on your next car. Pay for the cost of your car and it's running costs in one pre-tax payment.

The not-so-secret way to drive your money further

Want to see how much you could save on a new or pre-owned car under 10 years old? QLD Government employees could save thousands on their next ride.

A big reason novated leasing was created in the first place was to give public sector employees like teachers, council workers and nurses a financial break. By choosing a novated lease, you could maximise your income and let those pre-tax dollars do the work!

Queensland Government employees can calculate their potential tax savings using our calculator below.

Browse Deals on Queensland Novated Car Leases

Remember, the weekly estimated price INCLUDES all your usual driving costs spread out, like rego, tyres, servicing, comprehensive insurance and even fuel. These are example novated lease prices and may vary depending on your situation. Can't find the car you like? Try our calculator at the button below!

Benefits

Benefits of a Novated Lease for Queensland Government Employees

Tax Efficiency

One of the most significant advantages of a novated lease is the potential for tax savings. By salary packaging a car through a novated lease, Queensland Government employees can reduce their taxable income, leading to potential savings on income tax.

You can calculate your total cost of ownership for a car here

Budget Management

Novated leasing simplifies budgeting by consolidating vehicle expenses, including lease payments, fuel, maintenance, and insurance, into one regular deduction from your pre-tax salary.

Flexibility and Choice

Employees are not limited to a specific car model or type; you have the freedom to choose a vehicle that best suits your lifestyle and needs, new or used.

Use our Calculator

Convenience

The Easi members portal allows you to keep track of all your vehicle expenses and running costs, in one convenient location.

Tax Efficiency

Tax Efficiency

One of the most significant advantages of a novated lease is the potential for tax savings. By salary packaging a car through a novated lease, Queensland Government employees can reduce their taxable income, leading to potential savings on income tax.

You can calculate your total cost of ownership for a car here
Budget Management

Budget Management

Novated leasing simplifies budgeting by consolidating vehicle expenses, including lease payments, fuel, maintenance, and insurance, into one regular deduction from your pre-tax salary.

Flexibility and Choice

Flexibility and Choice

Employees are not limited to a specific car model or type; you have the freedom to choose a vehicle that best suits your lifestyle and needs, new or used.

Use our Calculator
Convenience

Convenience

The Easi members portal allows you to keep track of all your vehicle expenses and running costs, in one convenient location.


Why Choose Easi for Your QLD Gov Novated Lease?

When considering a novated lease for your next motor vehicle, the benefits extend beyond simply acquiring a car; it’s about making a financially savvy decision that aligns with your lifestyle and budget. Here’s why Easi is a great choice for Queensland Government employees:

Unmatched Expertise in Government Leasing

Easi is not just proficient in novated leasing; we possess specialised knowledge in managing novated leases for a range of Government employees. This expertise ensures that your lease is structured to harness all potential tax savings available through your employment.

The Easi team are experienced Queensland locals and respond to enquiries within 3 hours ensuring you have the information you need in a timely manner. 

Based on Your Needs

Before you enter into a novated lease, we ensure you are fully informed about how your salary deductions will be structured for both the lease payments and the vehicle’s running costs. This proactive approach empowers you to make an informed decision tailored to your specific situation.

We do recommend that employees seek independent financial advice before commencing a novated lease.

Maximising Potential Tax Savings

One of the most significant advantages of a novated lease is the potential tax savings it offers. Easi’s expertise working with Government employees means we’re adept at structuring your novated lease to maximise these savings. 

Our team works diligently to ensure that every aspect of your lease, from the vehicle selection to the salary deductions, is optimised for tax efficiency.

Tailored Salary Deductions

Understanding the intricacies of salary deductions is key to a beneficial novated lease arrangement. At Easi, we tailor your salary deductions to align with your budget and financial goals, ensuring that your lease structure is both affordable and tax-effective. 

Prior to entering into any agreement, we provide a clear, detailed breakdown of how your salary deductions will be applied, giving you complete transparency and peace of mind.

Comprehensive Support and Guidance

Choosing Easi means you’ll benefit from our end-to-end support throughout the entire process of your novated lease. From the initial consultation to finalising the lease and beyond, our team is here to offer guidance, answer any questions, and ensure your novated leasing experience is smooth and beneficial. 

Whether it’s assistance in selecting the right motor vehicle or explaining the finer details of your lease agreement, our advice is always tailored to your unique needs. As always, we strongly recommend you seek independent financial advice before entering into a Novated Lease agreement.

With a 4.9 star customer rating, the easi team aims to ensure you are looked after throughout your lease term. With a dedicated support hub available 24/7 you will have all your lease details accessible when you need it. 

The convenience of the single easi fuel card for all service stations is a feature our current QLD customers love, along with the quick online reimbursement feature for those servos off the beaten track! 

How a Queensland Government Novated Lease Works

If a novated lease package sounds good for your own particular circumstances, Easi are able to get a novated lease sorted for you in a straightforward process. Here’s our 5 steps to your next car:

  1. Enquire
  2. Quote & Consultation
  3. Online Application
  4. Order The Car
  5. Online Sign Off & Delivery

You Could Save More as a Queensland Government Employee with Easi

For Queensland Government employees, a novated lease with Easi presents an excellent opportunity to achieve tax efficiency, budgeting ease, and the joy of driving a car suited to your lifestyle. 

Easi’s expertise in government salary packaging and novated leasing ensures that you have a positive experience from initial quote, right through to your everyday servicing needs.

Ready to explore how a novated lease could benefit you? Contact Easi to discuss your options with one of our friendly novated leasing specialists and take the first step towards smarter vehicle ownership.

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Book a free online session with a Novated Leasing Specialist.

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Novated Leasing EV FAQs

Can I choose any car?

Yes, you have the freedom to select any new or used car that meets your needs and budget. This also includes novated leasing for electric vehicles.

What happens at the end of the lease?

At the end of the lease term, you can choose to refinance the residual value and keep the car, trade it in for a new vehicle, or pay the residual value and take full ownership.

Is a novated lease right for everyone?

While a novated lease offers many benefits, it’s essential to consider your personal and financial situation. Easi’s experts can help determine if a novated lease is the best option for you, but we strongly recommend you seek independent financial advice before entering into a Novated Lease agreement.

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DISCLAIMER

The implications of salary packaging a motor vehicle through a novated leasing arrangement, including tax savings will depend on your individual circumstances. The information in this publication has been prepared by Easi for general information purposes only, without taking into consideration any individual circumstances. Easi and the Queensland Government recommend that before acting on any information or entering into a novated leasing arrangement, you should consider your objectives, financial situation and needs, and, take the appropriate legal, financial or other professional advice based upon your own particular circumstances. You should also read the Standard Novation Agreement, Salary Packaging Participation Agreement and the relevant Queensland Government Salary Packaging and Novated Leasing Information Booklets and Fact Forms available via the Queensland Government Arrangements Directory. The Queensland Government strongly recommends that you obtain independent financial advice prior to entering into, or changing the terms of, a salary packaging arrangement.

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