Packaging a vehicle into a remuneration arrangement via a novated lease is a popular salary option – we run over the details of how this is achieved and the outcomes for both employer and employee.
The tax concessions that have been made available to small businesses can be a valuable boost to the bottom line for many players in the “engine room” of the economy. We look at what’s available, but also underline the more common mistakes that businesses make when claiming the CGT concessions.
We also see how the Small Taxation Claims Tribunal can help you with your more minor tax disputes, how to turn tax into super by using salary sacrifice, and uncover the scenarios that could trigger some otherwise unforeseen FBT liabilities.
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact our office for personal advice.
Click to Download De Luca Partners September 2014 Newsletter
Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.