I Quit! But What Happens With The Novated Lease?

Friday, 14th March 2025 3:00 am

We’ve all heard those horror stories about bosses who sound like they should have pointy tails and horns and be walking around with pitchforks, smelling of brimstone.  I could tell you the story about a boss who threw a wobbly when an employee phoned in to say he might not be coming in to work th

Under A Novated Lease, Whose Car Is It Anyway?

Friday, 7th March 2025 3:47 am

If your employer has set up a novated lease, or is thinking about setting up one for you, you’re going to have the chance to drive around in a nice new set of wheels – and we hope that you enjoy doing this.  Once all the paperwork is signed and everybody involved in the deal has shaken hands (t

Will Ordering a PHEV by 31st March Still Get You The FBT Exemption Benefit?

Friday, 28th February 2025 4:08 am

  Does Paying a Deposit Before 31 March 2025 Secure the FBT Exemption for PHEVs? Not Quite. If you're planning to take advantage of the Fringe Benefits Tax (FBT) exemption for a plug-in hybrid electric vehicle (PHEV) under a novated lease, you need to be

Are There Any Downsides To A Novated Lease?

Friday, 28th February 2025 3:44 am

So your boss has decided that you deserve a little something extra, and she or he is suggesting that a novated lease might be the way to go forward.  It certainly sounds like a great idea.  You get a nice shiny new car of your choice to drive around and use the way you want to, with no fiddling ab

Getting ahead with your car loan (or novated lease?)

Wednesday, 26th February 2025 5:14 am

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