年底税务知识分享-FBT,Salary Packaging or Salary Sacrifice-(5)Novated Lease & Associa

xhnhxd

我是想问，您的这些知识分享，相关的工作内容，在accounting这个department里，属于哪个role？
谢谢！

simonwang

我是在CA firm里做tax的

xhnhxd

您的这些内容，payroll这个岗位会用到吗？

simonwang

原帖由 xhnhxd 于 2012-7-30 23:18 发表
您的这些内容，payroll这个岗位会用到吗？

It is more for the tax accountant rather the payroll. But payroll needs some knowledge regarding FBT and salary packaging. Maybe ask Vivien?

zxcity

原帖由 simonwang 于 2012-5-23 09:09 发表
利率不可能35%的，需要的话，我可以帮你看看。

不好意思， 一直没有看帖子还不知道您回复了帖子。
lease company 提供的数据如下， 我在qld,quote $33,000的车， 4x4, 每年10000公里，3年的term

Monthly Expense  Lease Payment         $776
Lease Management Fee         $30
Fuel         $175
Tyre         $0
Registration         $39       
Insurance         $110
Stamp Duty         $0
Maintainence         $33
Total         $1,164

我单算车那项776*12*3= 27936, 实际上我应该是只贷款了 33，000*0.55=18150， 所以说三年 一共多付了27936-18150=9767， 利率就是 53.9%， 就算是税前的工资，我算60%折合税后工资，实际利率也有３２．５％。

不知道这样算是不是有问题。 谢谢。

simonwang

You also have loan for the residual value as well, ie. the entire $30,000 is your lease ($3,000 is GST so no need to borrow).

Basically, $30,000 * 55% = $16,500 is the portion you repay over three years as P&I, $30,000 * 45% = $13,500 will be an interets only loan to be paid off after three years.

Another misunderstanding of your calculation was the rate of 53.9% was over three years, not an annual rate.

zxcity

原帖由 simonwang 于 2012-8-7 11:20 发表
You also have loan for the residual value as well, ie. the entire $30,000 is your lease ($3,000 is GST so no need to borrow).

Basically, $30,000 * 55% = $16,500 is the portion you repay over three y ...

那我可以理解为我借了30ｋ，三年一起还了27936-16500=11436利息吗？

simonwang

不知道你９５楼的数字是否包括GST, 如果不包，是的，利息总支出是$11436.

zxcity

原帖由 simonwang 于 2012-8-7 21:31 发表
不知道你９５楼的数字是否包括GST, 如果不包，是的，利息总支出是$11436.

上面是不包括gst的，麻烦问一下这样看来是不是charge 有点高啊。

simonwang

他们给的residual value 或者percentage是多少啊？

zxcity

原帖由 simonwang 于 2012-8-8 10:54 发表
他们给的residual value 或者percentage是多少啊？

就是上面说的，16000啊。
是不是他们报出来的数据我们可以去negotiate 啊

meatball

恳请LZ解惑。

公司有一旧车，在公司名下，公司付钱买的给私人用，公司每年付FBT的。现在要把旧车卖了，买辆新车，同样是公司付钱给私人用。

现在纠结的是，如果旧车TRADE-IN的话，能不能减少新车的BASE VALUE。ATO原则上说，TRADE-IN OF EMPLOYEE'S OWN CAR的话可以减少新车的BASE VALUE，但EMPLOYER做TRADE-IN就还是得用GROSS VALUE。

但有人说，只要这辆旧车以前SUBJECT TO FBT，即使在EMPLOYER名下，仍就应该可以减少新车的BASE VALUE。难道因为旧车以前交过FBT,大部分是私用，就DEEM成为EMPLOYEE的车了吗？

simonwang

原帖由 zxcity 于 2012-8-8 17:10 发表

就是上面说的，16000啊。
是不是他们报出来的数据我们可以去negotiate 啊

16000是我说的，你之前是18000多，所以要确认一下你签的合同上写的residual value是多少，含不含GST，我好倒推大概的利率。

simonwang

ATO回复是对的，参见
http://law.ato.gov.au/atolaw/vie ... iT=99991231235958

以及section 3 question 22 of this link
http://law.ato.gov.au/atolaw/view.htm?locid='MTR/MT2021/NAT/ATO'

只有这trade-in是雇员提供的，你才能说cost to employer is reduced，是雇主的车trade-in就不行，只不过左口袋的钱换去右口袋而已。

zxcity

原帖由 simonwang 于 2012-8-9 08:01 发表

16000是我说的，你之前是18000多，所以要确认一下你签的合同上写的residual value是多少，含不含GST，我好倒推大概的利率。

今天看了一下合同,是这样写的
Total Cost of Vehicle $32,000.00
Input Tax Credit (GST) $2,761.75
Vehicle Finance Amount $29,238.25
Term (Months) 36
Effective RV Rate 45%
Residual Value $13,157.21 GST on RV $1,315.72 Total RV $14,472.93

然后就是上面我写的那些东西了,麻烦搂主看看,我还想这次到期之后还要不要继续呢.

simonwang

I tried to calculate backwards to find out the interest rate. Forgot to ask whether they offer 34 monthly payment instead of 36 months buy anyway the rate seems to over 15%. It could be the normal case couple years ago but definitely too high for now.

Before you refinance, ask for interest rate.

zxcity

原帖由 simonwang 于 2012-8-15 11:26 发表
I tried to calculate backwards to find out the interest rate. Forgot to ask whether they offer 34 monthly payment instead of 36 months buy anyway the rate seems to over 15%. It could be the normal cas ...

谢谢，他们到是说有34个月的事情，但是我没有注意。估计应该是有。请问一下如果我再finance的时候不知道可不可以要求他们降低利率，或者直接用现在那些1%什么的。

simonwang

Check their interest rate first and I can help with comparing market offer of lower interest.

zxcity

原帖由 simonwang 于 2012-8-16 10:37 发表
Check their interest rate first and I can help with comparing market offer of lower interest.

多谢，总觉得这次是便宜了这家公司，下次开大会的时候肯定要和hr反应一下。

teddymu

有没有什么novated lease company推荐啊

Eren

teddymu 发表于 2012-10-18 18:54
有没有什么novated lease company推荐啊

同问，Fleet Plus和SG Fleet这2个公司哪个好些呀？

simonwang

Normally your employer will have a particular provider so maybe no choice.

SG fleet is bigger and SG Fleet Australia is a wholly-owned subsidiary of the South-African-based Super Group (trading in Australia as SG FLEET INVESTMENTS PTY LTD). Not too familiar with Fleetplus.

Always check the interest rate they charge.

chun88

bennytang

学习一下！

davyq

感谢分享，以后慢慢研究

LoveIverson

mark

etangzhang

强帖留脚印

当幸福来敲门

王哥，这租赁的车去哪里找啊？感想王哥上个财年的帮助，感想您的文章~

simonwang

当幸福来敲门 发表于 2013-1-17 22:18
王哥，这租赁的车去哪里找啊？感想王哥上个财年的帮助，感想您的文章~

太客气了. 这租赁得看你公司的政策,有的规定好了只能选哪一家, 有的没有规定,那么我建议直接找银行比较好.

llllllllll

I went a information seesion and was told I can find my own finance company, the lease company only do paper work and charge management fees.  Sure they have their own finance providers. But if I buy a toyota with 2.9% finance, and let them manage the lease, it will be much cheaper.