Novated Lease Variations & Exits
Catch-e handles every way a novated lease can end — end of term, resignation, early payout or vehicle return — calculating each one from the same contract record so the final figure is never a surprise.
Why teams choose Catch-e
One system of record
Fleet, novated leasing and salary packaging on a single platform, no stitched-together tools.
Compliance built in
ATO-aligned FBT governance and audit trails on every contract, quote and payment.
Proven at scale
92,078+ active contracts, 20+ years in production and 99.96% platform uptime.
Fits your stack
Integrates with payroll, banking, accounting and servicing, and hosted in Australia.
End-of-lease options, managed in one place
When the term ends, Catch-e presents the options side by side, pay out the residual and keep the car, re-lease on the residual, return it, or upgrade to a new vehicle, each with its figures so the employee can decide with clarity.
- Payout and keep at the ATO residual
- Re-lease on the residual value
- Return the vehicle to the lessor
- Upgrade into a new vehicle and lease
Handling a lease when an employee leaves
The novation exists only while the person is employed. When employment ends, Catch-e stops the deductions, closes the novation and reverts the lease liability to the employee automatically, so nothing is missed at handover.
- Novation ends when employment ends
- Lease liability reverts to the employee
- Pre-tax deductions stopped on the final pay
- Triggered automatically from the termination date
Early termination payout
If a lease ends before term, Catch-e calculates the payout figure from remaining rentals, the residual, unearned charges and any break fee, producing a single quoted amount that is valid to a stated date.
- Remaining rentals plus residual value
- Unearned finance charges deducted
- Break and administration fees included
- A single dated payout quote
Return condition & excess charges
On return, the vehicle is assessed against the agreement: fair wear and tear passes at no charge, while excess kilometres or damage beyond it are itemised and charged, so the final settlement is fair and defensible.
- Condition assessed against the lease standard
- Fair wear and tear accepted at no charge
- Excess kilometre charges calculated
- Damage beyond fair wear itemised and charged
Ready to run novated leasing properly?
Novated lease programs carry real payroll, FBT and settlement obligations. Catch-e is the platform providers use to meet them across dozens or hundreds of employers.
Powered by 150+ years of combined industry experience.
See the products
Five products covering the full operational surface of leasing and packaging programs.
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Payroll, banking, accounting, servicing and FBT, integrated with what you already run.
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