Fuel Tax Credits (Australia) — Part 2 The Technical Framework Auditors Care About Part 1 covered the basics of eligibility and common errors of Fuel Tax Credits we see as tax accountants in Perth. In Part 2, we focus on the technical framework that underpins compliant Fuel Tax Credit (FTC) claims — the legislation, ATO […]

Fuel Tax Credits Explained: Part 1 The Basics of Fuel Tax Credits A Key Player Fuel is a major line item for many SMEs in Perth and WA—from freight and logistics through to farmers, construction and food distribution. The Fuel Tax Credit (FTC) regime is designed to return part of the fuel excise to eligible […]

Taxes and Cars: Part 4 – The Log Book Cars and taxes are a constant source of confusion for business owners in Perth. One of the most misunderstood areas is the ATO car log book. While it might seem like a small compliance detail, your log book is the key that unlocks higher tax deductions […]

Tax and cars Part 3: FBT on cars In this third part of our series we look at salary packaging and how providing a car to a team member can generate a fringe benefits tax liability for employers. For many business owners, it’s also part of a smart salary packaging strategy. But when you give […]

Tax and Cars Part 2: One-Tonne Utes and Commercial Cars In this second part of our Tax and Cars series, we look at a vehicle type that’s central to the way many West Australians work and travel: one-tonne Utes and commercial vehicles. For tradies, business owners and even professionals, these vehicles go beyond just practical, […]

Taxes and cars: Part 1 – Deductions without receipts As a taxpayer in Perth, one of the simplest ways to reduce your taxable income is by claiming tax deductions for motor vehicle expenses related to work travel. The Australian Taxation Office (ATO) allows taxpayers to claim a deduction based on a set rate per kilometre […]