Drive away in your dream car with Salary Sacrificing
| Chris Lindgren
This article was published on the date shown and reflects the rules and rates that applied at the time. Tax, superannuation and payroll rules change — check current ATO guidance or speak to us before acting on it.
Salary sacrificing is one of the smartest ways to finance and purchase your new car. At PayMe, we've made the process easy through Alliance Leasing, our sister novated leasing company. The arrangement between you, your employer and our leasing company means the process is simple and straightforward for setting up your salary sacrifice.
Upon finding and settling on your ideal car, we make arrangements for its purchase through a novated lease. The novated lease arrangement enables you to spend your income before it is taxed and receive more cash in hand on payday. Contractors of PayMe receive this arrangement free of charge — that's right, your management fees won't change when you add your dream car.
If novated leasing is a brand new concept to you then follow through to the Alliance Leasing website for detailed information on what it means for you and how much you can save.
With all the expenses bundled into one easy payment, a novated lease keeps your motoring costs predictable. To see the effect on your take-home pay before you commit, run the numbers on our example payslip calculator or read more about what's included with PayMe payroll.
