Tax Deductions you can claim There are 3 things you need to claim a work-related deduction: 1. You must have spent the money yourself and weren’t reimbursed; 2. It must be directly related to earning your income; and 3. You must have a record to prove it. The ATO allows you to claim up to $300 for work related expenses …
Company Cars & Novated Leases
SalarySalary packaging a car is a popular choice. Doing so by salary sacrifice often raises the topic of novated leases. l;llllllllllllfgfrgg pacSalary Packaging a Car using a Novated Lease What is a Novated Lease A novated lease is a way for an employee to buy a car and have their employer make the repayments to an agreed financial supplier. Basically, …