Teachers
Novated lease for teachers
Teachers are well suited to a novated lease: a steady salary, salary packaging widely offered through education departments and schools, and the same electric vehicle FBT exemption as everyone else.
Why teachers and school staff are well placed for a novated lease
A novated lease suits a stable salary and regular driving, which describes most teaching roles, including the daily run to school.
- A secure, predictable salary
- Salary packaging offered through state education departments, Catholic and independent schools
- The full electric vehicle FBT exemption on an eligible EV
- One pre-tax payment covering the car and its running costs
Your employer and salary packaging
Most state education departments and many Catholic and independent schools offer salary packaging, which is all you need to novate a car. If you are not sure whether yours does, we can help you check with payroll.
The electric car angle
An eligible battery-electric car under the $91,661 fuel-efficient threshold is FBT exempt, usually the biggest saving of all, and governments are actively encouraging EV uptake. See the EV novated lease page for the eligible cars.
See your real numbers
Put your salary and the car into the calculator for your real weekly cost and savings, with our flat $1,500 fee and the true effective rate shown. No sign-up, no pressure.