Is your company car available for private use?

Vehicle fringe benefit applies when your business owns or leases a car and makes it available for your employees’ private travel. Don’t forget that directors might also be employees.
Some examples of providing a car fringe benefit include:
- Employees using the car for private travel, such as travel between work and home.
- Garaging the car at or near your employees’ home, which makes it available for private use – even if it is not used privately.
To help you determine if fringe benefit applies to your company vehicle, contact Access Tax and Accounting today!
Contact Us
- 26/1-5 Jacobs St,
Bankstown NSW 2200 - 040-416-4077
- info@accesstax.com.au