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Any accountants out there?
I currently lease a vehicle through work. Is it possible to build a cobra, and then buy it off yourself and have your work pay the lease payments?
Our set up at work is we have a set vehicle allowance, all lease payments, insurance, fuel etc are payed out of that allowance and at the end of the fbt year I recieve any difference back. When I buy a car, the lease company finances the cost of the vehicle less 10% gst. Could I concievably sell myself a vehicle for a lot more then it cost to build, and actually make a profit by buying it off myself? (Does any of this make sence - just something I drempt up over my "just right" this morning)....
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