What Is a Novated Lease?

In this video I discuss the concept of Salary Packaging in Australia. and We explore Further to Specifically discuss saving tax on a new car and the running costs referred to as a Novated Lease.
In these videos I try to use pictures and analogies to breakdown 'Financial Jargon' and educate on general financial topics.
This video should not be taken as Financial Advice, you should always speak to a licenced professional.
Presented by: Peter John Hehir
From: Financial Advisers Australia