Novated Leasing of Notebooks

Novated leasing is a lease arrangement that addresses the differing needs of employers and employees, to provide a solution that benefits everyone.

A Novated Lease is an agreement between your employer, yourself (the employee) and eZeHire, which amounts to a transferral of the obligation to meet the lease rentals under the finance lease from yourself to your employer.

As an employee, an eZeHire Lease enables you to buy the equipment of your choice and to take that equipment with you if you change jobs. As an employer, it eliminates the financial burden of having to have the vehicle listed on the company books and of having to dispose of it should the employee leave. You simply pay the lease rentals on behalf of the employee during their employment with you.

FEATURES

Employees

• Enjoy unconditional use of the car of your choice
• Because the lease is portable - you have the option to take the equipment with you when you change jobs
• Flexibility in structuring your remuneration package
• You may be able to take advantage of corporate discounts and other benefits
• A Novated Lease preserves the equity you have built up in the equipment, so you can   use it to upgrade or change over to a new equipment
• Employee is able to enjoy equipment where GST is claimed by their employer

Employers

• With balance sheet ratios unaffected by the equipment liabilities,
• the company's borrowing power remains intact
• You can attract new employees, or provide incentives by offering to package
• the equipment of their choice as part of their salary
• Your only obligation is to pay the lease rentals
• No unwanted equipment recouped depreciation or disposal problems when the employee leaves, as your lease obligation ends with their termination of employment
• The company can claim eligible income tax deductions for lease payments and equipment operating costs
• The company can claim eligible ITC on GST charged on lease payments.

OPTIONS

• Flexible repayments - lease rentals are met by the employer as part of your salary package
• Flexible terms - choose the length of the lease. The life of a lease usually depends on two things: how much you want to pay per month, and the life of the asset
• Flexible Purchases - use the lease to purchase goods.

To contact a Business Account Manager or request a quotation, click here

Or to complete or print an application form, click here

A once off Administration Fee is payable at the same time as the first instalment.

Other fees associated with the lease will vary depending on which state you are in, the vendor of the goods being financed, the amount of the lease, and any Federal Government charges. Terms and conditions apply and are available upon request.

For more information or to lodge an enquiry click here info@ezehire.com.au  or Apply on-line or call 1300 789403 to speak to one of our consultants.