The ATO is calling on employers to check how their employees use work cars, as FBT may apply where a car is used or made available for private use by an employee or their family members or associates.  Private use can include:

  • doing school pick-ups or drop-offs (even if it is on the way to or from work);
  • running personal errands;
  • garaging the car at or near the employee’s home (even for security reasons); and
  • taking the car on weekend recreational trips.

If you have any questions or would like to speak to one of our professional business and tax advisors, please contact our office on (08) 9392 7600 to make a booking or click here.

With four offices across Western Australia and over 20 years of experience, Acclaim Accounting is a dynamic team of highly trained and skilled individuals committed to providing innovative and effective advice, excellent service and maintaining only the highest standards in ethical professional practice.

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