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  1. DaleGG

    Tax effectiveness of car options

    Reply: 5.1 From: Dale Gatherum-Goss Hi Ross >I'm trying to figure all this >stuff out myself. Common >Dale... There is no one best way. There are many variables and a lot will depend upon your individual circumstances. Bye the way, at the risk of creating more confusion than I clear, if...
  2. DaleGG

    Tax effectiveness of car options

    Reply: 3.1.1.1.2 From: Dale Gatherum-Goss Hi Mandy >Many people advise against >having a car through a company >because of the >FBT. My question is, isn't >even the maximum FBT rate less >than company >tax? and also less than >employee income tax rates, if >taxable income >greater than...
  3. DaleGG

    Tax effectiveness of car options

    Reply: 3.1.1.2 From: Dale Gatherum-Goss HI Geoff >I travel about 35,000 km pa so >I come a little short of the >lowest rate. I might have to >have a quick drive around >Australia in the last week in >March. > Knowing the rates can be helpful if you are close to one of the cut offs...
  4. DaleGG

    Tax effectiveness of car options

    Reply: 3.1 From: Dale Gatherum-Goss Hi Geoff >It's my understanding that the >effectiveness of this will >have something to do with the >kms you will drive- that >determines the FBT payable. This is right, although, there are two ways to determine the amount of FBT payable on a motor car...
  5. DaleGG

    Tax effectiveness of car options

    Reply: 2 From: Dale Gatherum-Goss Hi Mandy >I've been doing some research >on the most tax effective way >to own or lease cars. What I >have found so far indicates >that leasing a car to yourself >through your own company is >most effective. What I am >still wanting to find out is >-...
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