FBT Bracketing changes in the 2011/2012 budget year:

[rfzd]

Good thing I did not go for a lease then and went and got a motorbike. As I do over 25000ks a year just to and from work and doing things on the weekend. Dont need to go on long drives to hit that target... Just means no shiney new car for me

[Watto]

"THE federal budget will save almost $1 billion by cracking down on the rorting of fringe benefits tax concessions for those who drive salary-sacrificed cars."

Interesting words -saving by cracking down. Somehow, by driving more than 25,000k per year I am rorting the system! All this is doing is changing the rules. there is no saving - it is just another tax grab by changing the tax brackets