The Fringe Benefits Tax year finishes today, 31 March which means all business vehicles need to have the Odometer reading recorded to ensure the correct FBT rate can be applied.
If you are a Hanrick Curran client and FBT applies, you should have received a FBT package via email. Please record the odometer readings, or request the readings from your employees on all motor vehicles owned by your business. Your Hanrick Curran advisor will then be able to apply the appropriate tax savings.
If you would like further information about FBT and the tax savings available, please contact Jamie Towers or your usual Hanrick Curran advisor.