The ATO has recently confirmed that it will be increasing its focus on the deductions claimed by individual taxpayers. This is likely to mean that claims for car and other motor vehicle expenses will come under closer scrutiny than they have in previous years. On top of this, the ATO has indicated that it will be also be looking closely at the FBT treatment of cars and other motor vehicles provided to employees as there are a number of issues that the ATO is concerned about.
The issue of car expenses also needs to be considered in more detail when clients are involved in the provision of ride-sourcing services. The ATO has issued some guidance in this area which demonstrates the importance of good record keeping habits.
Recorded 10 May 2019
This practical webinar covers:
Tax Director, Knowledge Shop
Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Hayes Knight group’s national tax committee.
Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy
Michael is a member of the advisory panel for the Board of Taxation and is a member of the reference group for the Board’s review of small business concessions. He was also an expert panel member for the Board’s review of tax impediments facing small business.
*The office rate applies per office location (maximum 10 participants per office location). The PD points for all attendees will be recognised.
Terms & Conditions
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed. Refunds are only possible if the webinar recording has not been accessed.