Month: July 2018

pexels cottonbro

FBT exemption for minor private use of vehicles

Fringe Benefit Tax Update The ATO has this week finalised the guideline relating to the “minor, infrequent and irregular” use of Fringe Benefit Tax (FBT) exempt motor vehicles, and there are some notable changes from the previously released draft guideline. These updates can affect any business that provides utes, vans and similar exempt vehicles to …

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