Considering a novated lease to purchase a new EV in order to take advantage of the fringe benefits tax exemption.

A novated lease on a new electric vehicle can deliver significant tax advantages – and that’s exactly why many Australian employees are considering them. But beneath the headline numbers are pitfalls that can erode, or even exceed, those savings. After recently arranging a novated lease myself, I discovered first-hand how a generous FBT exemption for […]