Novated Leases and beating tax bracket creep

Mark Schneider | 26/02/2016 8:00:00 AM

If you’ve been working in the same job for quite some time and a promotion or pay rise is just around the corner, then you’re probably looking forward to some extra money in your pocket, right? Find out more Find out more But that sweet little pay rise might turn a little bitter if it pushes you into the next tax bracket, increasing the government’s tax take and leaving your pay packet a little thinner than you had expected. S...

The Guide To Residual Value - With Minimum Residual Value Table

Mark Schneider | 29/10/2015 8:00:00 AM

If you’re in the market for a new car then you probably already know about the benefits of novated leasing. A Fleetcare novated lease takes the hassle out of car ownership. You don’t have to find the money up front for the car of your dreams and your employer is effectively responsible for leasing it for you. The lease doesn’t just cover the purchase price of that new or used car, it covers all the maintenance as well – all those repairs and services as well as the...

Novated Leasing vs. Other Buying Options

Jayde Ferguson | 30/07/2015 2:33:18 PM

Buying a car is rarely an easy process. Most people can’t afford to buy a brand new car outright in their lifetime, so you look for other options that can take the financial pressure off – like financing or a second hand vehicle purchase. But how do you know which option is right for you? With the interest and hidden costs of many finance solutions, or buying a second hand car that may not be reliable, it can definitely be a time consuming and frustrating journey for many. Nov...

Why Now Is The Best Time To Grab A Novated Lease

Jess Wallace | 23/06/2014 4:36:55 PM

We have all seen deals splashed across the media with numerous offers about saving money on vehicles before the end of the financial year.  However what these cost’s don’t consider is maintenance, fuel and other expenses that come with purchasing and running a vehicle. At Fleetcare we take care of all of this with our novated leasing option. What is a novated lease? People are often confused with what a novated lease is. A novated lease is a simple and hassle free way...

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Logbooks & FBT: The benefits of electronic logbooks

Kirsten Brent | 18/03/2014 9:42:42 AM

In times when the economy is struggling and times are tough for many businesses, saving money by efficiently running your fleet becomes paramount. Reducing your Fringe Benefits Tax (FBT) liability by managing your logbooks correctly is one way to benefit your fleet and make accounting simpler. When looking at optimising your FBT, it is important to know what records and documentation you are required to keep by the ATO, and how you can compile and store this efficiently. One way to do this is...

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Budget 2013 for the road users of Australia

Rory Deegan - Online Marketing Executive | 21/05/2013 10:59:57 AM

It’s that time of year again, the days get shorter, the animals find their hiding spots for the winter and the fiscal credibility of the federal government is scrutinised on the merits of the commonwealth budget. This year’s budget was, by most accounts, coloured by the intense election year rivalry which has taken over almost every story coming from the capital. This said, there were still some interesting take always to chew on. As we did last year, this week we take a look at the ...

Changing Times - Logbooks and FBT

Michael Hunt and Rory Deegan | 7/09/2012 1:47:15 PM

2011 and 2012 were years of big change in the Australian tax landscape. The headlines were grabbed by new costs on carbon and proposals for mining profits taxes. While all this was happening a major shift also occurred in the area of FBT (Fringe Benefit Tax). In short the new situation will see the rates of FBT flattened to 20% across all kilometre ranges from 1 April 2014. What made the change remarkable was the fact that the previous system actually granted drivers lower rates as a res...

Going green – The next steps to a greener fleet

Fleetcare Maintenance and Government Teams with Rory Deegan | 15/03/2012 11:36:28 AM

The 24th of June 2010 was a big day for Australia. Julia Gillard was sworn into office with the help of a handful of independents and, most importantly, the Australian Green Party. Suddenly ambitious green policies become a real prospect. Tax concessions for green fleet managers are currently thin on the ground however in the current political environment this may not remain the case. While the concept of including car drivers in any carbon policy is not currently on the table it is still ver...

What will the Carbon Tax mean for fleet?

Rory Deegan - Online Marketing Coordinator | 15/07/2011 10:34:57 AM

Big news events don't usually fall on Sundays. Normally our news anchors, politicians and journalists have the good grace to leave us all more or less alone on our traditional day of rest, however like it or not Sunday’s event was anything but normal. Placing a price on carbon emissions (if the measure passes in parliament) is possibly one of the most fundamental changes in Australian government policy in decades and has the potential to fundamentally change the way Australian busin...

How will the Carbon Tax affect pump prices?

Rory Deegan - Online Marketing Coordinator | 26/05/2011 1:23:21 PM

The art of negotiation has a long and distinguished history. While in a political sense it gathers most attention during coalition formation talks, it does have the capacity to crop up at any time or place in most societies. The current negotiations and wrangling over the terms and conditions of a proposed carbon tax may (and most likely will) create a new chapter in Australian negotiation history. Fleet Managers will be well advised to stay updated on these developments as the prospect of a ...

Tarriff Cuts: Will Mazda zoom ahead in 2010?

Bowan Spanbroek | 27/11/2009 8:46:14 AM

January 1st could be bringing more than a champagne induced headache for car companies operating under the current Free Trade Agreement. An importation tariff cut of 5% is being introduced in the New Year. This will further flatten the playing field for those companies that import their entire car line outside of the Free Trade area such as Mazda and Porsche. The tariff reduction is from 10% to 5%, giving importers one of two options, pass on the savings to consumers or increase their pro...

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