02-02-2012, 08:20 PM
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Join Date: Mar 2008
Location: south perth
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novated lease/taxation question, for a dumbass
ok, i'm a financial/taxation dumbass, but would appreciate some advice for this hypothetical question.
if you earned 160k gross salary (not inc super) & owned your 2010 model personal car worth $30k out right, would you do a 'sale & leaseback' on it?
its like a novated lease, but for a car you allready own.
good idea or not?
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