Novated Lease and Work-related car expense

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29 Oct 2024

I have 2 cars one of them on novated lease and the other I fully own.

I'm doing my tax return and in the "Work-related car expenses" section I get following message:

"Our records indicate you had a novated lease during the financial year. As an employee, you are unable to claim work-related car expenses for a vehicle when those expenses are covered under a novated lease."

Almost all of my work related travel is in the car that I fully own (as it is more fuel efficient) - am I allowed to claim deductions on this car? or is having Novated lease disqualify me from this deduction?

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