Quote:
Originally Posted by CHZ
May be Novated Lease does not incur GST as stated by others in this thread? Do we have an accountant here who can clarify this?
The Luxury Car Tax and Stamp Duty in the quote are $1,447.89 & $3,155.65 respectively.
Edit: I had another look at the quote, and I think it excludes GST as the only taxable item in the quote is "Luxury Car Tax/Non Reclaimerable GST"
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Yeah i'm an CA, leases you don't pay gst because your company will "pay" and then "claim" it back... so it's dropped off from your point of view.
even without gst... i still think it's cheap... esp for a MY10 where they're in no rush to get rid of them... jealous...