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Novated Leases - Over Exposed - And Over Rated ?

TheSalary Packaging Gurusfully maintainedassociate lease, when in around 60% of the situations, the employee has a suitable associate, theSPG fully maintained associate leasewill usually produce a far superior salary package gain than anovated lease.
 
 Section 136 (1) of the FBTAA, states the " recipient " is " the person to whom the benefit is provided."
 
The ATO confirmed in the NTLG FBT Sub-Committee minutes, that under afully maintained associate leaseagreement, the car benefit is provided to both the employee and associate, both as recipients, which is quite obviously the case.