Buying a car? Company or private? Watch out for FBT!
I’m going to purchase a car in my company name to get back the GST. Sounds like a good idea, but beware of the FBT consequences. You know there will be some private use on that car, so it is good to consider this up front, before the FBT bill […]Read More
Lost your car or car park? FBT season is fast approaching
Now is the time to start thinking about any exposure you may have to Fringe Benefits Tax. You may think that all the great non-salary benefits you provide your most valued assets are either under that magical $300 or “otherwise deductible”? Well done. However, there are always few tricks and […]Read More