This course will consider the income tax, GST and FBT issues of the ownership and use of a motor vehicle by a close company and its shareholder employees. It will cover the rules, important issues and practical implications.

Specifically, the webinar will consider the following:

• Different ways to finance a vehicle
• The fringe benefit tax rules for passenger vehicles
• Ownership by the shareholder employee or the company

Upon satisfactory completion of this course, you will be able to:

• articulate the rules and principles clearly
• identify and explain the tax implications of motor vehicle ownership and use

Suited to …

employers, corporate accountants, and any chartered accountant wanting a review of the FBT rules for motor vehicles used in their business and/or client businesses

Duration: 1 CPD hour (55 mins + 5 mins Q&A)

PRESENTER

Mike Hadwin, Director, Symmetry Advisory Ltd
Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

Buy Tickets