Unit 2: FBT and Motor Vehicles - 2024
By Paul Mather
1h 45m CPD time
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Dive into FBT and cars & motor vehicles, including valuation methods, logbook requirements, exemptions and more.
In this session, we cover:
Recap of the case study
Big myths and current ATO focus
Electric Vehicles & the FBT exemption
Eligibility and application
PCG 2024/2
Motor vehicles
Key definitions & Exemptions
Exemptions under FBT law vs PCG 2018/3
MT 2034 - Private use of motor vehicles other than cars
Valuation methods
Statutory formula method
Operating cost method
Overview of salary packaging with motor vehicles
Dates recorded: 12 April 2024