We have a fleet of vehicles including a lot of dual cabs. I understand that dual cabs can be exempt even if under 1 tonne, based on passenger numbers x 68kg etc; as long as private use is limited. Some of our fleet do not meet the limited private use test, so will be liable for FBT. At this point, where the exemption test fails, are these still considered cars, or do they fall into the residual FBT category? I believe they would be cars, but are there any circumstances where they would be considered residual?
33 views
33 views1 replies
1 replies
33 views
1 replies