changyang1230 » user profile

Precisely. I think they are conflating two different considerations: If you are comparing EV-via-NL and ICE-via-other-source, then EV being…

It already takes all the included elements e.g. maintenance, fuel / electricity, rego etc. (If that's what you mean by "bundled quote")

For someone who’s an appropriate candidate, buying an EV on novated lease will literally cost them tens of thousands less over a few…

https://novatedlease.guide/special-and-policy/nsw-health-employer-share/ They ask you to give them half of your tax benefit. (Mostly…

Have you tried crunching the numbers? With all due respects for all the good accountants out there, many other accountants can't crunch the…

Thanks for your thoughts. The entire NL industry thrives on their not being regulated tightly enough as they fall outside the scope of both…

Hey there. Sorry overlooked the comment earlier. Typically when the government changes their tax laws, pre-existing arrangements tend to be…

My [comprehensive novated lease calculator](https://novatedlease.guide/calculator/) literally presents the figure fully and transparently…

With all due respect: do you actually know novated lease, especially the difference between FBT-applicable NL and FBT-exempt NL?

Replicating my Reddit comment here in case this thread stays up. --- Thanks for giving this a crack. Novated leasing is one of those areas…

While there are LOTS of rent-seeking, profit-maximisation behaviours among NL providers, the entire structure is not a scam and for some…

Can you even transition a vehicle-still-under-finance to a leaseback structure? I thought you need to own the vehicle outright (i.e. pay…

It's a tough one as there are quite a few unknown. If you own a company structure of some sort, technically one of the "best" ways of…

> The reality is these batteries will be in cars next year Do you have source that supports that? I see exuberant claims like this all the…

Road damage being used to justify "proportional" fuel excise / EV tax is all logical-sounding until you learn of the fourth power law:…

FYI, the FBT-exemption incentive which makes EV effectively much cheaper (even benchmarked to "keeping currently car") is being reviewed…

Thanks! I suppose it will depend on how many percent work use you could establish, plus the underlying effective interest rate. While the…

Thanks. What are the typical “effective interest rate” for those business lease and do they have similar structure eg a residual value…

I know about them; I just wasn’t sure what sort of “standalone lease” that is available to general salaried public. When you google…

When you say "logbook method makes part of lease payment tax deductible", are you talking about other types of car leases or novated lease…

I guess it comes down to semantics. It’s very true that many NL providers are rent seekers who are making way too much money for not a…

I urge caution in using interest rate as the sole comparison between two quotes. NL companies are known to use different formula to derive…

Hi there it’s the spreadsheet author. Yes I haven’t incorporated the tax deduction available to regular users eg the 88c/km logbook…

Yes I am very familiar with the whole review process.…

Oh yes for sure. Tax saving ≠ net saving, as many find out too late. The NL industry takes full advantage of the complexity and relative…

Not sure if you realise - the review is being conducted between January 2026 and June 2027 (18 month period), after which they will form…

It’s really frustrating how many people are confidently incorrect about FBT-exempt NL using their outdated knowledge about NL which was…

Do people realise that if they get divorced, all assets are treated as part of one combined "asset pool" for the family court to divide?…

Do you have any friends or families who need to buy apple product? Help chip in for them when they pay online and get it back from them.…