Odometer Readings for the FBT Tax year

Odometer Readings for the FBT Tax year

Odometer readings need to be recorded as at 31 March each year for all motor vehicles supplied by an employer i.e. a company, trust or partnership etc, to an employee including a director or trustee.  No odometer record is required as at 31 March for vehicles owned by...
Odometer Readings for the FBT Tax year

Tax Tip Saving Fringe Benefits Tax Costs

Thinking of purchasing a motor vehicle? If you are contemplating the purchase of a motor vehicle within the next few months then the timing of this purchase may have more tax consequences than you anticipated. If the following facts apply to you then you should...