Is your car getting older? Perhaps you are thinking about upgrading? With your busy schedule and the idea of taking out a car loan, it all seems too hard. Think again! Vehicle Solutions is Australia’s most trusted lease provider for government and private employees. It provides a quick and straightforward way to assess your options… Read more
Do I Pay GST on a Novated Lease Car? The simple answer is NO ! By Australian Tax law the leasing company must pay the dealership the GST included in the purchase. However the leasing company is then free to claim 100% of the GST payment from the ATO. So the amount you finance for… Read more
FBT on a Novated Lease The calculation for FBT on a Novated Lease is now a simple 20% of the value of the vehicle before government registration and stamp duty. There are no longer restriction on how many km’s you need to travel. This means that for most Australian’s paying more than 20% marginal tax… Read more