For Senior Staff Motor Vehicle Leasing
Overview
QUT's Senior Staff Vehicle Leasing program allows eligible staff members to access the comprehensive vehicle leasing services offered by the FleetPlus Group while utlising the pricing efficiencies available to QUT. QUT has appointed Package Plus Australia Pty Ltd (PackagePlus), a division of the FleetPlus Group to be responsible for educating, planning and implementing salary packaging for Senior Staff Vehicle Leases for its staff.
To the right you will see links to a number of valuable tools that have been specially designed to provide further information on the senior staff vehicle salary packaging options available to you. The QUT flashmedia presentation is an interactive tool that will outline the key workings of the senior staff vehicle scheme, the QUT salary packaging handbook (pdf) adds more detail and lists the full item options available.
Having reviewed these, the next step is to see what the senior staff vehicle scheme can do for you
» Download the QUT SSV Employee Presentation (.wmv)
The Consultation
PackagePlus will provide QUT employees with services to make the process of accessing salary packaging an easy and positive experience. Your first contact with PackagePlus will typically be with a salary packaging adviser. These advisers visit QUT sites on a regular basis to provide you with the opportunity to speak face-to-face about your circumstances. If it is more convenient, you can contact PackagePlus over the telephone by calling 1300 LES TAX or by emailing qut@packageplus.com.au
To make the most of the time available during your consultation, please bring with you any relevant documents. These may include, but are not limited to, a recent payslip, details of the make and model of car you are intending to lease and a completed Senior Staff vehicle authority.
Lease Types Available
Senior Staff have the option of either a novated lease or an operating lease (Senior Staff vehicle).
An operating lease is where the motor vehicle is leased to QUT and provided to the senior staff member on a fully maintained basis. The cost of providing this vehicle is payable by the staff member and will be deducted from their salary via salary packaging.
There are two operating lease options that senior staff members may wish to package.
i. Motor Vehicle Option A
An Option A motor vehicle is provided for the sole use of the senior staff member as well as others nominated by them. The use of the motor vehicle is at the absolute discretion of the senior staff member and is not required as part of the university fleet. The university does not contribute to the running costs.
The key features of this option are:
- No individual credit assessment is necessary
- Restricted to vehicles manufactured or produced by an Australian based manufacturer or on the State Stores list
- Approval is required from HR and the Dean or Head of your division
- Only one vehicle per employee is allowed
- Senior staff member has full use of the vehicle for their own purposes
- Vehicle ownership at the end of the lease may be negotiated through FleetPlus
- Lease terms can be negotiated up to a maximum of two years
- Vehicles are registered and maintained by FleetPlus. However, Package funds are required to be set aside for lease payments, maintenance, registration, fuel and insurance costs
ii. Motor Vehicle Option B
An Option B motor vehicle has a business use component. A motor vehicle is provided for the sole use of the senior staff member as well as others nominated by the senior staff member, outside of business hours. During business hours the motor vehicle will be available to all staff of the organisational unit for business use when not being used by the senior staff member. The university contributes towards the running costs of your vehicle.
The key features of this option are:
- QUT contributes towards the running costs
- Vehicle must be available for university use during business hours
- Head of Division / Executive Dean approval is required stating that the vehicle is suitable for university use and confirms parking is available on campus
- Lease terms can be negotiated up to a maximum of two years
- Approval is required from HR and the Dean or Head of your division
- No individual credit assessment is necessary
- Only one vehicle per employee is allowed
- Senior staff have full use of the vehicle for their own purposes during non business hours
- Vehicle ownership at the end of the lease may be negotiated with FleetPlus
Ongoing Vehicle Management
The establishment of an operating lease through the QUT Senior Staff Vehicle Scheme or a novated lease provides access to a full maintenance, repair and vehicle management facility. At any time, 24 hours a day, 365 days of the year, you can request assistance by calling FleetPlus on 1300 FLEET1.
You will receive the following support:
- 24 hour accident and breakdown roadside assistance
- Scheduled maintenance and non-urgent repair management
- Infringement and toll management
- Ongoing and regular reporting on FBT variance against budget, to prevent unexpected FBT costs
- Accident and Insurance management
- Lease replacement vehicles if your vehicle is unavailable for more than 24 hours
- Vehicle storage and transportation if required
QUT Policy
For full details of QUT’s salary packaging policy please click here.
