Forum Discussion

sarah1987's avatar
sarah1987
Cover User
10 months ago

Salary sacrifice for an electric vehicle through a novated lease agreement

I have set up a pre tax salary sacrifice for a novated lease agreement one of our employees has entered into.    I have deducted the lease amount from him as per instructions from our leasing compa...
Doreen_P's avatar
Doreen_P
MYOB Moderator
10 months ago

Hi, sarah1987 

 

Thanks for your post.

 

If you have been advised that the category will need to be reported, we recommend speaking with your accountant to confirm or getting in touch with the ATO. You may also check The Help Article: Assign ATO reporting categories for Single Touch Payroll reporting for further information when assigning an ATO reporting category.

 

Please feel free to reach out if further assistance is needed.

 

Best regards,

Doreen