50% tax rebate on new cars
May 21st 2009, 2:22 am
#1
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50% tax rebate on new cars
I might go for this. I was thinking of a novated lease but this might be a better option and a lot less hassle.
There are some sweet deals out there at the moment. Volkswagen are offering 3 years free servicing - Golf mk6 is out and the 125kW diesel Passat looks good. I also like the look of the Mazda6 diesel - 136kW from 2.2l, and you can push them on price. With the tax year end almost upon us, it's a buyers market.
Anyone else?
There are some sweet deals out there at the moment. Volkswagen are offering 3 years free servicing - Golf mk6 is out and the 125kW diesel Passat looks good. I also like the look of the Mazda6 diesel - 136kW from 2.2l, and you can push them on price. With the tax year end almost upon us, it's a buyers market.
Anyone else?
May 21st 2009, 3:34 am
#2
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Re: 50% tax rebate on new cars
For small Business only!
May 21st 2009, 4:42 am
#3
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May 21st 2009, 10:36 pm
#4
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Re: 50% tax rebate on new cars
what are the restrictions on this, and is it 50% tax back from the car
May 21st 2009, 11:51 pm
#5
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Re: 50% tax rebate on new cars
The car has to be bought by a business (ABN will do) and by 31st December 2009. 50% of the purchase price is tax deductible. So:
Cost: $40k
50% of: $20k
Tax deduction at say 40%: $8k
Tax deduction is claimed on your tax return.
It's all explained here:
http://www.treasury.gov.au/documents..._Questions.pdf
Cost: $40k
50% of: $20k
Tax deduction at say 40%: $8k
Tax deduction is claimed on your tax return.
It's all explained here:
http://www.treasury.gov.au/documents..._Questions.pdf
May 22nd 2009, 12:00 am
#6
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Joined: Feb 2005
Location: Perth
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Re: 50% tax rebate on new cars
I might go for this. I was thinking of a novated lease but this might be a better option and a lot less hassle.
There are some sweet deals out there at the moment. Volkswagen are offering 3 years free servicing - Golf mk6 is out and the 125kW diesel Passat looks good. I also like the look of the Mazda6 diesel - 136kW from 2.2l, and you can push them on price. With the tax year end almost upon us, it's a buyers market.
Anyone else?
There are some sweet deals out there at the moment. Volkswagen are offering 3 years free servicing - Golf mk6 is out and the 125kW diesel Passat looks good. I also like the look of the Mazda6 diesel - 136kW from 2.2l, and you can push them on price. With the tax year end almost upon us, it's a buyers market.
Anyone else?
May 22nd 2009, 12:13 am
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May 22nd 2009, 12:24 am
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