Novated lease

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  • Question
  • Updated 1 week ago
I've set up a novated lease as per the Knowledgebase article using the total weekly deduction amount supplied by the packaging company and amounts look OK on payslip. However the advice I have from the packaging company splits the deduction between pre & post.  Do I need to put these in separately instead of just using the total?
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Christine Walker

  • 70 Points

Posted 2 weeks ago

  • 1
Hi Christine

Does the packaging company give a reason for this?  The employee is unable to claim a deduction in their tax return on a novated lease so just wondering what the packaging company's thoughts are behind this?