In return for taking care of your novated lease, Oly charges a fee that’s outlined in your agreement. The fee is paid from your pre-tax salary, doesn’t contribute towards any capping limits, and doesn’t attract FBT.
Oly has the answer to most common questions: check out the full FAQs list
Disclaimer: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Employers should independently consider whether a benefits program is appropriate for their organisation and seek advice where appropriate. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your organisation’s approval. Oly may receive commissions in connection with its services.