Click here to go to the ATO WEBSITE Look at points 7.6 and 7.7 Here is an exert 7.6 Exempt car fringe benefits There are circumstances in which private use of a car by a current employee may be exempt from FBT. An employee's private use of a taxi, or a panel van, utility or other commercial vehicle (that is, one not designed principally to carry passengers) is exempt if the employee's private use of such a vehicle is limited to: travel between home and work travel incidental to travel in the course of performing employment-related duties, and non-work-related use that is minor, infrequent and irregular (for example, occasional use of the vehicle to remove domestic rubbish). Dual cab vehicles Dual cab vehicles are variants of conventional goods vehicles with additional seating positions behind the driver and front passenger seats. They share a common chassis, to which the single or dual passenger cab and alternative tray sections may be fitted. Dual cabs qualify for the work-related use exemption only if: they are designed to carry a load of one tonne or more, or more than eight passengers, or while having a designed load capacity of less than one tonne, they are not designed for the principal purpose of carrying passengers. FBT consequence of full novations A car fringe benefit arises where you are the lessee of a car that is provided for the private use of an employee or associate of the employee. Cars under a full novated lease are subject to the same car fringe benefit valuation rules as other cars you lease. I am sure for a business lease this clears it up... but for a novated lease I am still not sure.... What do you guys think??