If you’ve been considering getting a new car under a novated lease scheme, you’ve probably already heard that if you get an electric vehicle, there won’t be any fringe benefit tax involved. Sounds like a great idea to get an EV, right? But before you head on down to the local car dealers to ha

Well, congratulations to you now that your boss has approved the salary sacrifice. You’ve been dreaming about buying a new car for a while, and with a novated lease, you’ve got the chance to do just that. It’s a lot better than being provided with a company car; OK, having a company car can be

At the time of writing, electric vehicles (EVs) that are part of a salary sacrifice package (novated lease) are exempt from fringe benefit taxes in Australia.  This might be enough for you to pick one if your boss has decided to offer you this sort of deal. However, before you sign on the dotted

Congratulations: your boss just agreed to a salary sacrifice deal, and now you’re going to get a great new car and the company you work for will take care of the lease payments.  You’re finally getting that recognition without going over into a higher tax bracket, and the fact that your boss ha

If you’re a car enthusiast, then one of the things you might like doing is customising your car.  That can certainly be fun, but if your boss has offered you a new car under a novated lease setup, then one of the things that you can’t do is to modify the car in question. This is because the car