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From: Mandy L
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
- whether this varies depending on who owns the company
- whether including rego, insurance, petrol, servicing, washing etc change the situation as opposed to just doing this with the cost or lease price of the car
What are your thoughts? And has anyone been through this decision recently? I will be talking to my accountant next week but want to research this properly first.
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
- whether this varies depending on who owns the company
- whether including rego, insurance, petrol, servicing, washing etc change the situation as opposed to just doing this with the cost or lease price of the car
What are your thoughts? And has anyone been through this decision recently? I will be talking to my accountant next week but want to research this properly first.
Mandy
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