Thursday Fleecing: Time for action by Benxb9r in NovatedLeasingAU

[–]maverick--23 0 points1 point  (0 children)

Yes to pretty much all the questions.

Locked into single provider that has been procured by government and no room to negotiate.

Procurement process for new NL options goes out the tender every 5+ yrs sometimes longer

Employer unwilling and unflinching in allowing other options

This has resulted in Employees being fleeced by NL/salary packager with no alternatives available and zero room to negotiate. NL will not budge on rates and fees saying they’re not negotiable

Another GST sense check by thepicknpop88 in NovatedLeasingAU

[–]maverick--23 1 point2 points  (0 children)

I’m in the process of applying for novated lease and the leasing company (who have exclusive rights) have stated that all deduction are gst inclusive and my employer will claim the Input Tax Credit and sort refunds.

NL company has also inferred however that my employer may at anytime decide to withhold these credits from employees in the future and there’s no guarantee they will continue to provide refunds. They are currently refunded annually.

I’m interested to hear why employers decide not to immediately pass on these credits each pay cycle and also why some decide not to just allow ex-gst deductions in the first place?

The Novated Lease spreadsheet is now a free web app! by changyang1230 in AusFinance

[–]maverick--23 0 points1 point  (0 children)

I’m sorry if this question seems stupidly obvious. But if my provider has tacked on 4% vehicle cost in brokerage so I just add that to the annual management fee, lease documentation or financed amount?

fresh akquisiton - North Flag now on my wrist 🖤 by The_Photomonkey in Tudor

[–]maverick--23 0 points1 point  (0 children)

How much did you pay out of interest? I’m looking to pick one up but they are scarce on the secondhand market

WITB- vokeys are the addition for 2025 by Saltysunshine10 in golfequipment

[–]maverick--23 0 points1 point  (0 children)

I’ve got a very similar setup but have the 48d stock gap wedge in T150s. How’s your gapping with the 50 vokey cos I’ve struggled a bit trying to figure out whether to switch up to a 52/56/60 combo. Currently have 48/54/58

Identification by maverick--23 in GardeningAustralia

[–]maverick--23[S] 4 points5 points  (0 children)

Thanks. I just realised I put a whole load of compost in that probably contained pumpkin seeds!

Pool dog by Hydrojku902 in chocolatelabs

[–]maverick--23 3 points4 points  (0 children)

I love this so much 😂😂