Shaving the fringes from fringe benefit taxes
Supplied by Navman Wireless Australia on Tuesday, 30 June, 2015
Fringe benefit tax is a major component of the cost of a fleet of vehicles that are also made available for private use.
Tracking the operating cost of a vehicle instead of paying the statutory 20% fraction can cut tax liability by 42%, but manual log books are labour intensive and often inaccurate. Technology that can automatically compile logbook entries can alleviate this problem, saving fleet owners thousands per vehicle per year.
Related White Papers
How APAC leaders are transforming field operations
Learn how the leaders in your industry are leveraging mobility and innovative technologies...
Optical fibre - unparalleled bandwidth capacity
The requirements for speed and reliability of internet access have never been...
Increase customer satisfaction and profit without adding to your fleet
Efficient fleet utilisation leads to reaching both optimum customer satisfaction...
