Business Banking

Salary Packaging

Tax benefits for wage earners

Salary packaging is usually for a motor vehicle through a novated lease. The employer typically agrees to make finance lease payments and cover running costs while the employee remains employed. In return, the employee 'sacrifices' a portion of their salary to cover these costs.

Novated leasing arrangements can provide employees with a tax-effective alternative to cash salaries, thereby increasing their disposable income.

Salary packaging can increase your level of employee satisfaction and enhance staff loyalty.

Benefits to you

  • cost-effective means of enhancing the disposable income of your employees
  • improve staff loyalty

BDCU Salary Packaging/Novated Leasing

  • Compliant
  • Easy to set up
  • Support from experienced commercial lenders  

Like to know more?

Find out more about BDCU Salary Packaging

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