Does novated leasing impact any other salary packaging benefits I might have or be entitled to?
Before your novated lease starts
No, novated leasing is a benefit that can be taken out in addition to any existing salary packaging caps you have.
That means if you work for a health or charitable organisation (and depending on your employer’s salary packaging policy) you could package up to $9,010 and $15,900 respectively on full FBT items, as well as $2,650 on meal entertainment or venue hire, in addition to a novated lease. If you’d like more information on what cap limits apply to you, please get in touch.