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Notes Online Home 2024 FBT NTAA’s 2024 FBT Audit Survival Guide
ATO announces audit crackdown on employers providing utes, dual cabs, etc
In this segment of the notes we look at the ATO announcing an audit crackdown on employers providing Utes, dual cabs etc more specifically:
- What type of motor vehicles are eligible for the ‘workhorse vehicle’ exemption?
- What constitutes ‘limited private use’ for the purposes of the workhorse vehicle exemption?
- How is the taxable value of workhorse vehicles calculated if the exemption does not apply?