Expenses paid for employees cars
As the employer do you reimburse your employees for their car expenses?
If so, then you, the employer, are liable for fringe benefits tax.
This liability may be reduced if your employee keeps a logbook.
The fringe benefit decreases as the business use percentage increases.
If so, then you, the employer, are liable for fringe benefits tax.
This liability may be reduced if your employee keeps a logbook.
The fringe benefit decreases as the business use percentage increases.