Re interest on mixed use loans see terryw as well (terry waugh of structuring podcast). There are some other issues that could be really big if ATO every decided to follow up which it could in all rights (see the tip on multiple investments in one loan)
You are such a knowledgeable person. great stuff.
Sole trader needing a vehicle for a range of client recreation purposes. Where would that stand for a vehicle of 50k?
Can you do a novated lease one
Re interest on mixed use loans see terryw as well (terry waugh of structuring podcast). There are some other issues that could be really big if ATO every decided to follow up which it could in all rights (see the tip on multiple investments in one loan)
68,182*25%=$17,045+6,818gst=$26,863 correct
68,182*25%=$17,045+6,818gst+21,818*25%interest = $29,318 not $31,022