12 March 2012

Needing to reduce FBT liability?

One of the major costs in running a fleet is Fringe Benefits Tax (FBT). This can be minimalised by the use of sgfleet’s FBT intelligence.

sgfleet has created this computer based system to make collecting and analysing information for FBT more efficient. FBT intelligence is a market leading, ATO registered FBT solution that provides the tools needed to substantially reduce FBT liability.

What can FBT intelligence do?

  • Create tax minimisation
  • It can utilise the use of sgfleet's Electronic Log Book
  • Can assist in annual ATO submissions
  • It will produce greater process efficiency

FBT intelligence also provides access to reports including an annualized kilometre chart. This shows how many vehicles are in a fleet and the total FBT that is payable. This report also includes a search function that enables particular vehicles to be identified in order to provide easier access to data.

FBT intelligence is easy to use, flexible and secure. It will help to minimise FBT liabilities before the end of the FBT year and enable access to information to ensure superior strategic planning.

For more information on sgfleet’s FBT intelligence, please contact sgfleet on 1300 138 235.