Quote:
Originally Posted by yetiboy01
Novated lease are ok if you use your vehicle for primarily for business, if you mainly use the vehicle for private use you will need to pay fringe benefit tax which will wipe most of the benefits of the notated lease, as piggy said get independent financial advice before getting a novated lease
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There's no FBT if you make part of your contributions out of your post-tax salary. Just in the process of organising a lease on a new WK2 with bullbar, longrange fuel tank etc.