Forum Discussion

KNIGHTH's avatar
2 days ago

Novated Car Lease - without Flare

Is there a way to set up a novated lease arrangement for an employee without registering with Flare?

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator

    Hi KNIGHTH,

     

    MYOB requires integration with Flare to manage novated lease arrangements. Without registering with Flare, there isn't a built-in option to set up novated leases in the system.

     

    For further details on novated leases and how Flare works with MYOB, please refer to this link: Novated car leasing

     

    Regards,

    Sai

    • gavin12345's avatar
      gavin12345
      Ultimate User

      Hi Isaiah_C 

       

      Strange you should say that. MYOB does have payroll categories. It even provided instructions in the past on how to set it up. It might not be a built in option, but can be done, just needs to be set up right. Combination of salary sacrifice deductions, taxed and untaxed payroll categories etc.

       

      Regards

      Gavin