If I Wanted to Buy a Car Under My Business Name, This is What I’d Do (Australia)

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If you're thinking about buying a car in your business name to “save on tax,” this video is for you.

While it sounds like a smart move on paper, (bigger deductions, GST back, looks more professional), in practice, it’s not always that simple.

In this video, I walk you through how I’d approach this, including when it makes sense to buy in the business, when it absolutely doesn’t, and things you might overlook.



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Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients.

Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses.

He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales.

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Disclaimer:
This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.