Monthly Archives: April 2017
How to get tax deductions on car expenses
Car expense deductions are one of the most commonly filed claims by individuals according to the Australia Tax Office (ATO).
If you own, hire, or lease a car, you may be eligible for claiming tax deductions. If you borrowed a friend’s vehicle for business purposes, you may still file for car...
Novated lease vs chattel mortgage – which one is for you?
Novated lease and chattel mortgage are two different options individual customers and businesses can look into if they’re planning to acquire a vehicle. Each has their own advantages and payment schemes one should take into consideration.
For businesses, it’s important to understand how each option can affect the company’s balance sheet,...