Yes, they do! An associate lease arrangement is a great way to turn that highly depreciating asset on your driveway to an income producing machine. Use that depreciation to your advantage by salary packaging an associate lease arrangement.
With so many options available to salary sacrifice it can be difficult knowing what to include in your salary package. And with certain employer types having a cap on the amount to salary package before paying the full FBT tax rate, it can be difficult to determine which option is best to salary sacrifice. Option… Continue reading Best Salary Sacrifice Options
What is an associate lease? How can it provide additional benefits? Why do some state it’s the best form of salary packaging around? Why are the two different types of associate leases, and how one is better than the other?
If you have an associate lease arrangement with your employer, and you are the associate, how do you complete your income tax return? In this article we go step by step through the income and allowable deductions to complete your income tax return.