A Clearlease Novated Lease is The Clear Choice for Your Business
Are you searching for a smart financial solution that benefits both your employees and your business? Look no further than a Clearlease Novated Lease. This innovative option offers a multitude of advantages that make it the clear choice for your business needs. Let’s explore the key reasons why Clearlease is the right partner for your company’s novated leasing requirements.
1. GST Benefits
A Clearlease Novated Lease is not just advantageous for your employees; it can also bring substantial benefits to your business. According to the Australian Taxation Office (ATO), if your staff leases a vehicle while conducting business operations, you can claim the Goods and Services Tax (GST) on the lease arrangement as a credit. This credit can significantly reduce your Business Activity Statement (BAS) liability, improve cash flow, and simultaneously provide your hardworking employees with the financial advantages of a novated lease while lowering their vehicle’s running costs.
2. Save on Payroll Tax
By offering a Clearlease Novated Lease to your employees, you can help them lower their taxable income, which in turn reduces your business’s payroll tax liability. The more employees who choose to salary package their cars, the greater the potential savings for your business. It’s a win-win situation that benefits both parties.
3. Clear Reporting
Transparency and accurate reporting are essential when it comes to novated leasing. With Clearlease, you and your employees gain access to a user-friendly online portal that provides up-to-date Fringe Benefit Tax reporting, individual driver statements, as well as fuel and other running costs reports. Clear and comprehensive reporting ensures that you have all the necessary information at your fingertips to make informed decisions and manage your novated lease program effectively.
Clearlease understands that mitigating risk is crucial for your business. With a Clearlease Novated Lease, both the finance and the vehicle are in the employee’s name, ensuring that your business assumes zero risk. Should an employee decide to leave your company, we will reconcile their account, and your novation agreement with us ends the day they depart. This risk-free arrangement provides peace of mind and financial security for your business.
5. A Dedicated Finance Expert
At Clearlease, we believe in personalized service and tailored solutions. When you partner with us, you will be assigned a dedicated finance expert who will take the time to learn and understand your internal policies. They will guide you and your employees through the novated leasing process, providing expert advice and support at every step. Our team is committed to delivering exceptional service and ensuring a smooth experience for you and your employees.
6. Employee Info Session
Educating your employees about novated leasing and its benefits is essential for a successful program. Clearlease goes the extra mile by offering to liaise with your company to arrange information sessions on novated leasing. These sessions, conducted by our experts, are provided free of charge and with no obligation. Empower your employees with knowledge and give them the opportunity to make informed decisions about their financial well-being.
7. Easy to Implement
We understand that your time is valuable, and we aim to make the implementation process as seamless as possible. With Clearlease, there are no upfront costs or hidden fees. We assist you in setting up the novated program, ensuring a hassle-free experience. Our team will work closely with you to ensure a smooth transition, allowing you to focus on what matters most—your business.
In conclusion, a Clearlease Novated Lease offers numerous benefits for your business, ranging from GST advantages and payroll tax savings to clear reporting and risk-free agreements. With a dedicated finance expert by your side and the option to arrange employee info sessions, Clearlease ensures that you and your employees receive the highest level of support and guidance throughout the entire process. Don’t miss out on the opportunity to optimize your business’s financial outcomes while providing valuable benefits to your employees. Choose Clearlease as your trusted partner in novated leasing.
Contact Clearlease today and take the first step towards a more prosperous future for your business and your employees.