小推一下novated lease---楼主回家哭去了，此帖正式成为血泪经验帖---楼主又笑了，30.11.12 整理帖子

simonwang

bennytang 发表于 2012-12-24 23:45
请教关于2，为什么油卡呢？
我的理解，油卡虽然没有折扣，但是可以部分省税，应该更好才对啊？谢谢！ ...

你自己加油也可以省税的，不必一定要他们的油卡。一般来讲，用了他们的油卡就不能再用超市的折扣券了。

simonwang

bennytang 发表于 2012-12-25 00:00
可以，身边有例子！
我的想法更极端，由于1年期省税最多，我想反反复复的申请的1年期novated lease，请足 ...

如果你能承受得起一年期的月还款额，是的，年均节省的数字相对长期限的要多。

simonwang

cycwong21 发表于 2012-12-25 00:01
I heard someone told me that employees could not claim car expenses as tax deduction if their car wa ...

Think again.

Tax deduction only for business use, running cost of a novated lease is paid by pre tax dollars and can be under private use............. Disadvantage??

davyq

mark

cycwong21

http://law.ato.gov.au/atolaw/vie ... ;PiT=99991231235958


Full novations

6. In full novations the lease obligations are transferred to the employer. Accordingly, there are no income tax consequences for the employee during the period when the employer makes the lease payments.

Partial Novations

17. A deduction is not available to the employee under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997) in non-luxury motor vehicle partial novations where the lease payments are contractually made by the employer directly to the finance provider. In these circumstances, the employee no longer has the contractual obligation for the lease payment liabilities and does not make the payments.

Others:

20. A deduction is not available to the employee in a luxury motor vehicle partial novation. An employee, as sub-lessee, can claim a deduction only to the extent to which a deduction is allowable to the lessee under other provisions of the Act.

40. Section 8-1 of the ITAA 1997 (subsection 51(1) of the ITAA 1936) does not allow a deduction to the employee for lease payments made by the employer to the finance company in a partial novation, as no expense has been incurred or paid by the employee. In these novations, the employer enters into a novation where it makes the lease payments direct to the finance provider. The employee no longer has the legal obligation to make the lease payments. Likewise, as the expense is not incurred by the employee, section 51AF of the ITAA 1936 has no application.

Is that the reason why the employee could not claim tax deduction for their mv expenses in their tax return because of the obligations and the title of the car were not owned by employees?

cycwong21

simonwang 发表于 2012-12-25 13:53
Think again.

Tax deduction only for business use, running cost of a novated lease is paid by pre ...

Please see 155#

bennytang

simonwang 发表于 2012-12-25 14:49
你自己加油也可以省税的，不必一定要他们的油卡。一般来讲，用了他们的油卡就不能再用超市的折扣券了。 ...

多谢答复，您的意思是自己加油，然后每次都要去租车公司报账？如果这样，似乎略嫌麻烦了些

bennytang

simonwang 发表于 2012-12-25 14:51
如果你能承受得起一年期的月还款额，是的，年均节省的数字相对长期限的要多。 ...

simon

但是有人说，不能这样干，税务不同意
参见http://www.oursteps.com.au/bbs/f ... ;extra=#pid11790136
12楼
求澄清！

simonwang

cycwong21 发表于 2012-12-25 19:23
http://law.ato.gov.au/atolaw/view.htm?DocID=TXR/TR199915/NAT/ATO/00001&PiT=99991231235958

做了Novated lease, 当然不可以再claim tax deduction。但请你再想一下，如果不是novated lease，你能claim多少running cost deduction。再对比一下novated lease的情况。所以你先前的论述是不正确的。

simonwang

bennytang 发表于 2012-12-27 00:44
多谢答复，您的意思是自己加油，然后每次都要去租车公司报账？如果这样，似乎略嫌麻烦了些 ...

说句实话，要省钱就别怕麻烦。否则干吗那么多人还要在新足迹买卖汽油打折票？不过您随意啦。

simonwang

bennytang 发表于 2012-12-27 00:45
simon

但是有人说，不能这样干，税务不同意

请问税务凭什么不同意，如果是问call centre 甚至specialist，恕我直言，等于白问。甚至有private ruling 在先都不作数的。一个car fringe benefit 终结了，然后再接上新的，有何不可。但是有一条，sale and lease back或者refinance，FBT taxable value还是以前那个，而不可以用新的减少的数值。

cycwong21

simonwang 发表于 2012-12-29 10:21
做了Novated lease, 当然不可以再claim tax deduction。但请你再想一下，如果不是novated lease，你能cla ...

所以你先前的论述是不正确的

Don't understand.

simonwang

cycwong21 发表于 2012-12-29 17:23
所以你先前的论述是不正确的

Don't understand.

That would be a huge disadvantage to employees. 你这句不正确。Hope you understand.

cycwong21

simonwang 发表于 2012-12-29 16:30
That would be a huge disadvantage to employees. 你这句不正确。Hope you understand.

I went to tax seminar last year, I remembered the lady speaker said that Novated lease would bring benefits to employers rather than employees.

bennytang

simonwang 发表于 2012-12-29 11:31
请问税务凭什么不同意，如果是问call centre 甚至specialist，恕我直言，等于白问。甚至有private ruling ...

请问simon，你说FBT是以前的值，是什么意思，难道refinance的时候，FBT要用汽车的原价？
举例，比如新车，我买的时候4w，FBT也是按4W的20%算的，但是第二年了，我refinance为3.2w，请问FBT按照多少算？

leo821

强贴留名，学习了。

doublefish16

simonwang 发表于 2012-11-27 14:30
Some providers charge interest around 6.5%. People can get over $1000 saving each year, why not?

怎么知道financial 公司charge 6.5%还是多少呢？？我今天lease company给我一个quote, 里面压根都没有提到这个interest rate, 除了running cost以外，就是managment fee， 我不知道这个interest rate从那里得出的，请指教！！

simonwang

bennytang 发表于 2012-12-29 23:57
请问simon，你说FBT是以前的值，是什么意思，难道refinance的时候，FBT要用汽车的原价？
举例，比如新车 ...

FBT base value will not be reduced to $32K but remain as $40K as it is the cost price to your EMPLOYER. The only time you can reduce the FBT base value:

1. After FOUR FULL FBT year, the base value is reduced by 1/3.
2. Change to another non-associated employer.

simonwang

doublefish16 发表于 2013-1-5 01:03
怎么知道financial 公司charge 6.5%还是多少呢？？我今天lease company给我一个quote, 里面压根都没有提 ...

Normally the banks will tell you but you can always ask to make informative decision. Lots of fleet companies charge extra interest/fee on top.

simonwang

cycwong21 发表于 2012-12-29 17:35
I went to tax seminar last year, I remembered the lady speaker said that Novated lease would bring ...

What you heard can not conclude "That would be a huge disadvantage to employees. " Employer might save more as the lady said but how could you say it's disadvantage to employees?

Let's just assume total running cost is $5000, with novated lease you can pay it entirely from pre tax income, without novated lease you may only claim work-related travel that will be definitely lower than $5000. So tell me how can "That would be a huge disadvantage to employees. "

Secondly I disagree what the lady speaker said more benefits to employer. Same amount of salary, same super, potential lower Payroll Tax might be the only saving. Compare to employees' saving, it is too hard to tell.

zwwcs

Mark

圆满的考拉

记号！澳洲好多税务知识可以学！

lolachen

magicmeeting

这个好复杂 还是自己现金买安心！

典

理论归理论，实际归实际
理论上也许省钱，实际操作的时候如果lease公司收很高管理费，用你的钱买许多保险，银行利息外再charge费用，最后很难说是不是合算。

vassilylw

good man fielder?

lanlan1980

强贴留名

zwwcs

Mark

bruce_mel

Marrk

greenteacake825

Marked