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EV FBT exemption hitches: cautions for 2024

The clock ticks towards March 31st, the end of the Fringe Benefits Tax year. Employers are gearing up for “Check your Odometer Day” to report their car usage in the hopes of saving on their electric vehicle tax (EV FBT). But under the…
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Swerve out of car FBT record keeping roadblocks

31st of March every year marks the time to read the car odometer; not for the next visit to the mechanic, but for car FBT (Fringe Benefits Tax) reporting on your business' vehicles. You’re providing a car and it’s your obligation to report…