At the end of the financial year most of us receive a payment summary which outlines how much tax we have to pay this year and start to think of ways we can start minimising tax.
With the increasing demand for electric vehicles (EVs), novated leasing has undergone several changes to make it easier and more affordable for employees to acquire an EV.
Novated leases are a popular option for employees who are looking for ways to save on income tax. However, there are a few things to keep in mind before entering into a novated lease.