Tax & Motor Vehicles Webinar

How to apply the right tax treatment & avoid ATO scrutiny

 

Recording Individual

Deductions under ATO scrutiny
FBT & how to get the tax treatment right
Ride-sourcing services & the importance of keeping records

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

Recording Individual
Recording Office
Recording Member

What we cover

This practical webinar covers:

  • Tricks and traps when applying the cents per kilometre and log book methods
  • The trips that can and can’t be deducted by clients providing ride-sourcing services
  • What the ATO expects of clients who use utes and other commercial vehicles for work or business
  • Different ways of structuring salary packaging arrangements involving motor vehicles
  • When clients do and don’t have to apply the luxury car limit for depreciation and GST purposes, and
  • The different rules that apply to chattel mortgages, hire purchase arrangements and luxury car leases.
Recording Individual
Recording Office
Recording Member

Our Presenter

Michael Carruthers

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.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop

Register

 

Individuals

$195 Member
$235 Non-member

 

 

Office

$350 Member*
$390 Non-member*

 

*The office rate applies per office location (maximum 10 participants per office location). The PD points for all attendees will be recognised.

How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

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.