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.
An honest note: FBT exempt means no fringe benefits tax is payable, but the benefit is still reported on your income statement. That reported amount can affect income-tested things like HECS or HELP repayments, the Medicare levy surcharge, and family payments. Our calculator and team will always show you the full picture.
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.
Common questions
Can teachers get a novated lease?
Yes. State education departments and most schools offer salary packaging, so teachers and school staff can package a novated lease and pay for a car from pre-tax salary.
Is a novated lease worth it for a teacher?
For a steady salary and regular driving, usually yes: the pre-tax saving, the GST off the car and running costs, and one predictable payment. An eligible EV is the strongest case. The calculator shows your real figure.
Do teachers get the EV FBT exemption?
Yes. The EV exemption is federal and applies regardless of employer, so a teacher leasing an eligible electric car gets the same saving.