Multiple novated car leases

[#1]

Hi everyone,

Im looking at taking a novated lease on a a second vehicle. I want to know if the pre-tax deducations for both vehicles are combined or is there a threshold/cap to what can be deducted "pre-tax"?

Thanks

[#2 · Accepted solution]

Whilst there is nothing in the tax law that would limit the amount of pre-tax contributions, you would need to check with your employer and/or salary packaging provider to see if they limit the amount.