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Old 13-02-08, 07:19 PM   #5
Stu
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Join Date: Jun 2006
Location: Guildford
Posts: 8,027
Default Re: Going to work on the bike

35ppm is good for a bike
but you couldn't get a car for $1000-$1200 that's what you should be thinking of - what a similar car would cost you.
Don't be fooled by the $600 tax saving. You will have to pay tax on the additional salary.
The Govt. 'value' you co. car at $2600 based on $600 tax. So start with that
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