WARNING! ATO Guidance on Employer Provided Utes and Vans
Do you provide your employees with a ute believing it’s Fringe Benefits Tax (FBT) free? It is generally believed that where an employer provides an employee with a utility type of vehicle, it will be exempt from FBT, in fact, eligible vehicles are only exempt from FBT where private use of the vehicle is ‘minor, infrequent and irregular’.
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