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Summit Fleet offers $100 fuel credit for new novated leases as proposed FBT changes cancelled

As most of you will be aware, on Saturday 7th September 2013 a new Federal Government was elected by the people of Australia that is the Coalition, led by The Hon Tony Abbott.This means that the proposed changes to Fringe Benefits Tax (FBT) announced on July 16th 2013 by the now exited Labor Government will not proceed.

What does this mean for you?

In support of this announcement, Summit Fleet Leasing and Management are offering $100 fuel credit for any driver who proceeds with a new Novated Lease. This offer is valid for orders placed between today and the end of October 2013.

Employees that can access salary packaging can immediately and confidently return to the benefits a novated lease may provide. If you would like a full list of the benefits of a novated lease or simply more information, feel free to visit the Summit Fleet website or contact our dedicated novated team.

Tool of trade business fleets can revert to operating with the option of statutory and/or operating cost FBT calculations.The team from Summit Fleet Leasing and Management look forward to discussing these changes and what they may mean to you. In the meantime, please feel free to get in contact for an obligation free review of your fleet’s performance.

*Disclaimer Summit Auto Lease Pty Ltd accepts no liability for the above communication which has been provided as a consequence of the proposed changes to the treatment of FBT announced on the 16th of July 2013. The information in this communication is provided as a guide only and should not be taken as Taxation Advice. Summit Fleet recommends that you obtain independent advice from an appropriate source.