You’ve tackled the first question: what is a novated lease? The next part is all about action.

A novated lease is an incredible opportunity available to everyone in Australia. If the company you work for isn’t already offering it, that’s where WhipSmart steps in. We’re here to help you get them set up; it’s easier than you think!

We know that anything involving tax and the ATO can sound daunting. After all, the government isn’t exactly famous for making it easy to save money. That’s why WhipSmart handles the entire process for you. We take the most frustrating elements of buying, servicing, insurance, and tax, and bundle it into one simple salary package that your employer deducts from your pay pre-tax.

We hear what you’re thinking: “That sounds too good to be true.” It isn’t, and that’s the WhipSmart promise.

To get started, follow this simple guide to introduce the idea to your employer.

Step 1: Start with an Informal Chat

No matter what industry or size of business you are working in, the first step is finding out whether your company might already offer novated leases.

(It’s becoming a highly popular, low-cost perk in Australia these days, so the chances are high!)

If they already have a provider on the go, fantastic! You’re ready to get started.

If they don’t already have one, then the next question is simple: Ask them if they’d be open to receiving some information about it.

This informal chat is about gauging their interest and getting permission to share some details.

Step 2: Be Ready to Explain What’s Involved (For Them)

The age-old misconception about novated leases is that they are complex, costly, or a significant administrative burden for the business. We, at WhipSmart, can tell you wholeheartedly that this is simply not true.

And so with that in mind, what’s stopping you from getting out there and telling your employer the simple, core facts?

The Truth About an Employer’s Role:

• They don’t buy or own the car. The lease is between you and the finance company. The employer is simply a conduit for payments.
• They simply make payroll deductions from your pre-tax income (just like superannuation or standard tax) and send the bundled payment to WhipSmart.
• WhipSmart handles virtually all the administration. This includes the extensive paperwork, GST claims, FBT (Fringe Benefits Tax) reporting, and any other tricky government compliance.
• There is absolutely zero financial risk to the business. If you leave the company, the lease simply travels with you to your next job.

The take-home message for them: It’s a fantastic, zero-cost employee perk. It helps retain top talent and recruit new staff, without costing the business a cent.

Step 3: Offer to Do the Legwork

The main barrier for any new workplace initiative is usually the perceived time and effort required to set it up. This is where you shine!

Offer to put them directly in contact with WhipSmart.

Our experienced team is well-equipped to guide your employer from the dark side of admin-heavy payroll to the bright, electric side of seamless salary packaging. We can answer all their logistical, financial, and legal questions with simple, direct answers. We’ll make the process so easy, their HR and finance departments will thank you.

Step 4: Get Started with a Sample Email

Once you’ve had that initial chat and they’ve given you the green light to share more information, use this simple, professional template. It clearly outlines the benefit while reiterating the zero risk factor.

Subject: Novated Leasing Option for Staff

Hi [Manager/HR’s Name],

Following up on our chat, I’ve been looking into novated leasing as a way for employees to salary package a car. It’s an incredibly popular and simple benefit that can save employees a significant amount on tax and running costs.

The best part is that there is no cost or financial risk to the company. The leasing provider, WhipSmart, handles the full setup, administration, paperwork, and payroll integration. The company’s role is simply to make a deduction through the standard payroll cycle.

If you are open to it, I can share a short information pack from WhipSmart, or I would be happy to connect you directly with one of their account managers to explain exactly how it works and answer any questions you might have.

Would you be open to me exploring that further?

Thanks,

[Your Name]

Contact us today for more information!