Utes & FBT
from Dollars and Making Sense Hosted by Ray Trevisan
Utes are the biggest selling class of vehicles in Australia presently, and we've all seen the advertising showing the great outdoors towing caravans or boats. Many of these utes are used for work purposes as well, and today we welcome back Frank Drenth from the Institute of Financial Professionals of Australia (www.ifpa.com.au) to discuss the tax implications on both tradies and their employers who provide and use these vehicles for work purposes. The ATOs guidelines are clear and yet, we see in this chat, there are different understandings
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