STP - Novated Leasing Post Tax Deductions
02 July 2024 - 2.38 PM AEST Hello all, We have employees that does Novated Leasing with a third party provider. Therefore, their pay consists of Pre-Tax and Post-Tax deductions. I have read in ATO ...
Forum Discussion
Hi there pjhook
When it comes to novated leasing and the specifics of what needs reporting, it's a bit tricky. I can't confirm whether post-tax deductions related to novated leases are reportable or not. Your best bet would be to speak with your accountant or financial advisor—they'll have the latest on what needs to be reported to stay compliant. You can also check this link for more information regarding Novated Lease. If you have any other questions, just give us a shout!
Best regards,
Doreen
