Taxation of Motor Vehicles – On the road again!

Cut through motor vehicle tax complexity with practical clarity – and discover when a logbook isn’t required!

Motor Vehicles are one of the most frequent assets owned or operated by small to medium businesses. Yet the tax treatment of Motor Vehicles varies by type of vehicle and business structure and is difficult to keep straight.

In this session we will cover the following

• Motor Vehicles

• When is a Motor Vehicle a car and why does it matter?

• Motor Vehicles & Income tax

• Work related deductions – Available methods
• Business related deductions
• Substantiation requirements in Division 28
• Leased or owned vehicles – depreciation entitlements

• Motor Vehicles & GST

• Creditable acquisitions
• Luxury car limits

• Motor Vehicles & FBT

• Car fringe Benefits
• Residual fringe benefits

• Motor Vehicles – Other

• Practical tips for managing your tax risk on MVs

Learning Outcomes:

By the end of this session, attendees should be able to:

• Comprehensively outline the tax risks and opportunities for businesses or workers using motor vehicles
• Put in place strategies to navigate the myriad of compliance obligations that come with Motor Vehicles
• Communicate a practical compliance framework for clients that is easy to understand and follow.

Suited to:

Small-medium businesses, accounting firms and practitioners who manage these types of entities.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation