News & Insights

16 Oct

For Drivers

Novated Lease FBT Guide: Everything You Need to Know

Yes, FBT applies to novated leases, but you’ll rarely pay it. Eligible electric vehicles are exempt. For other cars, you cover part of the lease from after-tax income, which costs far less than the FBT would.

Novated Lease FBT Guide: Everything You Need to Know

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