Rockhampton, Queensland bill@fmsa.net.au 0748169431

Accurate Calculation of Company Fringe Benefit Tax

Accurate Calculation of Company Fringe Benefit Tax

ELECTRONIC LOGBOOK BENEFITS

DIRECTOR makes it easy to collect, assess and process information to prove business and private usage of your vehicles. Here are some of the biggest benefits for your organisation:

  • Minimise FBT liability by clearly establishing maximum business use over any given three-month period
  • Accurate, real-time data will eliminate concerns of logbooks being voided by the ATO
  • Gain greater visibility into your fleet and develop detailed understanding of operating costs
  • Reduce back-office administration costs and the hassle of managing paper logbooks

DIRECTOR’s electronic logbook, approved by the ATO, captures data from your drivers in real-time, making it easy to collect the information you need to make an accurate claim. As soon as your drivers start a vehicle they identify themselves using a PIN number, before selecting the purpose of the trip. The logbook entry is now complete and gets fed into DIRECTOR’s FBT report at the end of the journey, so you can submit it to the ATO.