Apr 18, 2011
The fringe benefits tax (FBT) car calculator helps employers calculate the taxable value of a car fringe benefit using either the statutory formula method or the operating cost method.
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Tags: Calculators, Employees, Travel
Author: Mr Taxman
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"Yes you show the km allowance as taxable income and then you can also make a claim for your car travel. Under the cents per kilometre method you are limited to the first 5000km. So if you get..."
By: Mr Taxman at Jun 04, 2025 11:57PM
Post: Claiming car expenses
"No would not be able to claim the Uber home nor to the station the next day. The trip to the off-sit meeting would be claimable."
By: Mr Taxman at Jun 04, 2025 11:55PM
"Depends on your finance type ... if you takeout a lease then the lease payment forms part of your costs (but no depreciation can be claimed) ... if you takeout a Hire Purchase or a Loan then only the..."
By: Mr Taxman at Jun 04, 2025 11:54PM
"The cost of the trailer itself could be depreciated - usually over 8 years. Assuming no personal usage with it then 100% of that depreciation plus annual rego could be claimed."
By: Mr Taxman at Jun 04, 2025 11:50PM
"That would be a non-deductible trip unfortunately Erin"
By: Mr Taxman at Jun 04, 2025 11:48PM