Salary packaging a car through a novated lease is one of the simplest and most cost-effective ways to buy and run the car you want. It helps reduce your taxable income and the tax you pay, and you can also save in other ways.
With a novated lease your car finance and all usual running costs come out of your salary in regular, easy payments. With an eligible, fully-electric vehicle (EV)^, it all comes from your income before tax, and for other cars it’s a combination of before and after-tax income.
^ Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,387 in FY 2025-26). Plug-in Hybrid Electric Vehicles with leases commencing from 1 April 2025 are not eligible for this exemption.
Discover just how much tax you could save with your next car as an SA Gov employee.
Thanks to federal government incentives, if you lease an eligible^ fully-electric vehicle (EV), 100% of the lease and car costs come from your income before tax.
So not only could you get the carbon efficiencies and amazing technology of an EV low-emissions vehicle, you could save thousands of dollars. Whether you’re driven by concern for the environment, tax-effectiveness, or both, let us help you get into the EV that’s right for you.
We can help get you the best possible price on your chosen car, through our 80-strong network of SA dealers.
And unlike with a bank loan or dealer, GST isn’t payable on the purchase price of a vehicle financed through a novated lease. (GST savings are calculated on the FBT base value of the vehicle, up to the claimable limit [$6,334 in FY 2025-26] unless exempt, which is the case for many utility vehicles, people movers and vans.)
There’s no GST payable on insurance, registration, fuel and/or charging expenses, maintenance and even car wash expenses. On top of this, if you join our Vehicle Maintenance Program you could save on your car’s servicing.
Then when it’s time to sell, we can help get you a good price and save you time, through our Vehicle Disposal Program.
* This offer is only available to those whose employers allow them to finance a car through Smart. To be eligible for 35,000 bonus Qantas Points, individuals must do the following between 2 September 2025 and 28 October 2025: (1) submit the ‘Get a Quote’ form on https://www.smart.com.au/p/qantas-points/; (2) order a new vehicle through Smart; and (3) obtain finance for that vehicle through Smart. Individuals must be a Qantas Frequent Flyer member at the time of vehicle order and link their account as prompted by Smart. For the full terms and conditions of this offer please visit here.