Shaving the fringes from fringe benefit taxes
Supplied by Navman Wireless Australia on Tuesday, 30 June, 2015
Fringe benefit tax is a major component of the cost of a fleet of vehicles that are also made available for private use.
Tracking the operating cost of a vehicle instead of paying the statutory 20% fraction can cut tax liability by 42%, but manual log books are labour intensive and often inaccurate. Technology that can automatically compile logbook entries can alleviate this problem, saving fleet owners thousands per vehicle per year.
Related White Papers
Facility operations and maturity model: streamlining DC operations
An operations and maintenance program is critical in determining how a data centre is meeting...
Research Insight: Bring Your Own Device (BYOD) in Field Service
A little more than one third (35%) of organisations allow employees to bring their own field...
The essential guide to prefabricated DC deployment
The deployment process of a prefabricated data centre differs greatly from a traditional data...
