payroll, pay employee's leasing finance
one of the employees receive car allowance, now he brought a new car, and we have to pay for his car loan (FBT). how do I set up his pay to use the car allowance to pay for the leasing.
Forum Discussion
Hi ABC,
That’s a great question, and it’s good to see you’re keen to get it sorted the right way. For a situation like this, we recommend checking in with your accountant—they’ll be able to give you the best advice on how it should be handled. You can also check out this help page on loans and repayments for some extra info.
Regards,
Earl
