What is a novated lease on a car and what do I need to know before signing up?
- Written by Prafula Pearce, Associate Professor of Law, Edith Cowan University

If you’re thinking about getting a vehicle but don’t have enough money saved, you might be considering a choice between taking out a car loan or a novated lease (also known as “salary sacrificing” to get a car).
It’s important to know the difference, as there are plenty of tax implications and what’s...