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Exempt car benefits
If the car is a panel van or ute (designed to carry less than one tonne) it may be exempt from FBT if the private use is limited to:
What do you need to do?
You will need to advise your accountant of the following if you believe you may be providing a car fringe benefit:
Should you need any assistance with the provision of car fringe benefits, other benefits or any other advice, please contact our office.
BHR Papalia are a WA firm of certified practising accountants with a passion for assisting their clients in achieving their goals.