An Overview On Motor Vehicle Expense Claims

An Overview On Motor Vehicle Expense Claims

Tax deductions for claiming motor vehicle expenses comes to claiming a deduction for motor vehicle expenses. Of course, every person’s circumstances may be different, but the following covers most of the relevant information. Key points to keep in mind include: The...
Is Your Car Parking Benefit Liable For FBT?

Is Your Car Parking Benefit Liable For FBT?

Small Business Car Parking Exemption If your business provides car parking benefits  to your employees in the form of car parking for more than four hours on its premises, and the relevant car parking facility is within one kilometre of a commercial car park where the...
Fringe Benefits Tax Updates 2016

Fringe Benefits Tax Updates 2016

The Fringe Benefit Tax Year ends on 31 March 2016 …  If you allow a staff member to use a work car for private purposes, give one of them a cheap loan, reimburse another for a private expense, such as school fees, or generally provide entertainment or recreation...