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novated lease

Meaning of "novated lease" in the English dictionary

DICTIONARY

PRONUNCIATION OF NOVATED LEASE

nəʊˈveɪtɪd


GRAMMATICAL CATEGORY OF NOVATED LEASE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Novated lease is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES NOVATED LEASE MEAN IN ENGLISH?

Novated lease

A novated lease is a type of motor vehicle lease common in Australia that allows a business to lease a motor vehicle on behalf of an employee, with the responsibility for the lease lying with the employee and the lease payments being made from the employee's pre-tax income. The term novated lease is also used in the UK to refer to a car lease which has been novated between two parties.

Definition of novated lease in the English dictionary

The definition of novated lease in the dictionary is a system for purchasing a car in which an employer makes lease payments on behalf of an employee who eventually owns the car.

WORDS THAT RHYME WITH NOVATED LEASE

aggravated · cultivated · dedicated · elevated · enervated · estimated · integrated · larvated · located · motivated · nonactivated · noncultivated · related · silver-plated · stated · superelevated · uncultivated · unexcavated · unmotivated · voice-activated

WORDS THAT BEGIN LIKE NOVATED LEASE

nova · Nova Lisboa · Nova Scotia · Nova Scotia duck tolling retriever · Nova Scotian · novaculite · novae · Novaesium · novalia · novalike · Novalis · Novara · novation · Novaya Zemlya · novel · noveldom · novelese · novelette · novelettish · novelettist

WORDS THAT END LIKE NOVATED LEASE

block release · cable release · day release · disease · endonuclease · exonuclease · if you please · lease · modified-release · news release · nuclease · please · prerelease · press release · quick-release · release · rerelease · shutter release · sublease · sustained-release · yes please

Synonyms and antonyms of novated lease in the English dictionary of synonyms

SYNONYMS

Translation of «novated lease» into 25 languages

TRANSLATOR

TRANSLATION OF NOVATED LEASE

Find out the translation of novated lease to 25 languages with our English multilingual translator.

The translations of novated lease from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «novated lease» in English.
zh

Translator English - Chinese

约务更替契约
1,325 millions of speakers
es

Translator English - Spanish

arrendamiento novado
570 millions of speakers
en

English

novated lease
510 millions of speakers
hi

Translator English - Hindi

novated पट्टा
380 millions of speakers
ar

Translator English - Arabic

الإيجار novated
280 millions of speakers
ru

Translator English - Russian

Novated аренды
278 millions of speakers
pt

Translator English - Portuguese

locação novação
270 millions of speakers
bn

Translator English - Bengali

নবীনতর শুল্ক
260 millions of speakers
fr

Translator English - French

bail novation
220 millions of speakers
ms

Translator English - Malay

Sewa baru
190 millions of speakers
de

Translator English - German

Novaleasing
180 millions of speakers
ja

Translator English - Japanese

更改リース
130 millions of speakers
ko

Translator English - Korean

novated 임대
85 millions of speakers
jv

Translator English - Javanese

Sewa novase
85 millions of speakers
vi

Translator English - Vietnamese

cho thuê novated
80 millions of speakers
ta

Translator English - Tamil

புதிதாக குத்தகைக்கு
75 millions of speakers
mr

Translator English - Marathi

नवा भाडेपट्टी
75 millions of speakers
tr

Translator English - Turkish

Yenilenmiş kira
70 millions of speakers
it

Translator English - Italian

locazione novated
65 millions of speakers
pl

Translator English - Polish

przedłużane najmu
50 millions of speakers
uk

Translator English - Ukrainian

Novated оренди
40 millions of speakers
ro

Translator English - Romanian

leasing novate
30 millions of speakers
el

Translator English - Greek

ανανέωσης ενοχής μίσθωσης
15 millions of speakers
af

Translator English - Afrikaans

novated huurkontrak
14 millions of speakers
sv

Translator English - Swedish

förnyat lease
10 millions of speakers
no

Translator English - Norwegian

nyrenoverte lease
5 millions of speakers

Trends of use of novated lease

TRENDS

TENDENCIES OF USE OF THE TERM «NOVATED LEASE»

Principal search tendencies and common uses of novated lease
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «novated lease».

Examples of use in the English literature, quotes and news about novated lease

EXAMPLES

10 ENGLISH BOOKS RELATING TO «NOVATED LEASE»

Discover the use of novated lease in the following bibliographical selection. Books relating to novated lease and brief extracts from same to provide context of its use in English literature.
1
na
employed by the employer, the obligation to make the lease payments transfers to the employee. For accounting purposes, AASB 117 Leases regards a novated lease as an ''off balance sheet'' transaction. In other words, the car belongs to ...
2
FBT Compliance Guide 2012
The novated lease method has become more popular in recent years because of factors such as: ○ the desire to shift responsibility for the car back to the employee when the employee leaves ○ the desire to save on income tax by substituting ...
Colin Wilmot, 2012
3
Australian Master Financial Planning Guide 2010/11
The steps in implementing a novated lease are typically as follows: Step 1: the employee enters into a car finance lease with a finance provider. Step 2: the employee, employer and finance provider enter into a novation agreement that has the ...
Cch
4
Australian Motor Vehicle Tax Guide
The steps in implementing a novated lease are typically as follows: Step 1: the employee enters into a car finance lease with a finance provider. Step 2: the employee, employer and finance provider enter into a novation agreement that has the ...
Cch, Philip McCouat, 2009
5
Personal Finance For Australians For Dummies
Salary. packaging. —. not. such. a. sacrifice. Simon has a salary of $80,000 and is keen to squeeze every last cent out of it. He decides to ask his employerto include a car in his salary package. Simon is given two choices, a novated lease,  ...
Barbara Drury, 2013
6
Australian Master Human Resources Guide 2010
Method 3: novated lease — under a novated leasing arrangement, an employee leases a motor vehicle from a financier using a standard ''finance lease agreement'' issued by the financier. The employee then novates all rights and obligations ...
Cch, 2010
7
Novated Lease
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.
Barnabas Crist Bal, 2012
8
Australian Master GST Guide 2012
A tripartite novated lease agreement, for example a vehicle lease novated from an employee to an employer, can be treated as a tax invoice provided that it otherwise satisfies the information requirements for tax invoices. In addition, a tax  ...
Philip McCouat, 2012
9
e-Study Guide for: Organizational Psychology by Steve M. ...
Novated lease 3. Disciplinary procedures, in parliamentary procedure, are used to enforce a deliberative assembly's rules. RONR notes, 'Punishments that a society can impose generally fall under the headings of reprimand, fine (if authorized ...
Cram101 Textbook Reviews, 2013
10
e-Study Guide for Macroeconomics, textbook by Roger A. ...
Motherhood penalty b. Minimum wage c. New YorkDisability BenefitsLaw d. Novated lease 4. A Price floor is a government or groupimposed limit on how low a price can be charged fora product. ForaPrice floortobe effective, it must be greater ...
Cram101 Textbook Reviews, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «NOVATED LEASE»

Find out what the national and international press are talking about and how the term novated lease is used in the context of the following news items.
1
McMillan takes another step to diversify earnings
Both parties have indicated they have no plans to revisit Labor's novated lease policy, but the government introduced a cap in the budget on ... «Sydney Morning Herald, Jul 15»
2
Tips for calculating your car-related tax deduction
Unless you're on a novated lease, any kilometres you do in your car for your job or business can contribute towards a tax deduction. If you're on ... «CarAdvice, Jul 15»
3
Why you should be offering novated leases to employees
While a Non-Maintained Novated Lease includes only the cost of the vehicle financing, the option of a Fully Maintained Novated Lease ... «Human Capital Magazine Online, Jul 15»
4
Loan vs Lease
Pay from pre-tax income* – With a novated lease you can pay your lease and maintenance costs out of your pre-tax income and potentially benefit from the tax ... «PRWire, Jun 15»
5
Warnings small business tax break could 'make a very big hole in …
What about a carbon tax, Super profits tax, novated lease tax to pay for it. As long at the ... Novated lease taxes are a furphy. Nothing stopping ... «Sydney Morning Herald, May 15»
6
Big companies and tax avoidance, is our outrage overdone?
This writer has benefited from a novated lease, paying all my car expenses with pre-tax dollars on a vehicle that was never used for work. «ABC Online, Apr 15»
7
What Joe should tell his colleagues about his budget
... Super changes, novated lease changes, family payment indexation ... novated lease companies and high-income earners more generally). «Crikey, Mar 15»
8
With Nicole Apps, business manager at Trivett car leasing
... you'll need to decide on a leasing plan; most opt for a novated lease, which is negotiated through your employer (it's taken out of your pre-tax ... «ELLE, Mar 15»
9
Podesta's masterclass in humble acumen
“I am proud of the fact I developed the novated lease. The Australian remuneration industry was pioneered by me. That is a nice thing I am ... «The Australian, Mar 15»
10
Ask LH: Can I Negotiate Salary When Applying For A Government …
For instance: work vehicle, novated lease, fuel allowance, public transport concession, salary sacrifice, discretionary spending (e.g. meals out), ... «Lifehacker Australia, Mar 15»
REFERENCE
« EDUCALINGO. Novated lease [online]. Available <https://educalingo.com/en/dic-en/novated-lease>. May 2024 ».
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