Australian Car Packaging Blog Posts

From the monthly archives: February 2014

We are pleased to present below all posts archived in 'February 2014'. If you still can't find what you are looking for, try using the search box.

This is too good to be true !!

It's too good to be true......How long has this been available ?????
Many new clients are surprised with the significant tax savings when entering into their Novated Lease.

We do get asked if there is a catch or is there any small print they should be aware of.
The answer is that Novated lease, or car packaging, has been many thousands of employees method for buying their family car over the past 20 years.
In addition to paying less tax each pay day, clients don't have to finanace the GST on the sale price of their car.
This together with National Fleet pricing for most makes and models, really does leave our clients asking...How long has this been available ??????
Call Australian Car Packaging and test us. 1300 313 111. 8AM -8 PM 7 days per week.

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Australian Car Industry undergoing a dramatic realignment

Australian Car Industry undergoing a dramatic realignment, with The Australian Government instructing the Productivity Commission to undertake an inquiry into public support for Australia's automotive manufacturing industry, including passenger motor vehicle and automotive component production.

The Commission has been asked to:
• examine national and international market and regulatory factors affecting the industry
• identify and evaluate possible alternative public support mechanisms
• identify any significant transition issues or adjustment costs that may arise from alternative support mechanisms or policy changes and how they might be best managed
• assess the significance of the capabilities within the industry, its direct employment and economic benefits, and its secondary impacts on other sectors of the economy
• quantify the costs and benefits of existing and alternative assistance mechanisms.

The Commission is to undertake public consultation, inviting public submissions and releasing a preliminary findings report to the public.

The Commission will provide a final report to the Government by 31 March 2014.
The terms of reference may well include analysis of the merits of salary Packaging and the relevant Fringe Benefit treatment.
The Automotive industry will no doubt wait with baited breath for the final report to be released next month.

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