About fbt implications of using them for private use

Assignment Help Business Management

Reference no: EM133589412

Question

Mike Johnson is running are couple of vehicles through his small business and was concerned about the FBT implications of using them for private use. Mike plans to use the vehicle privately only on weekends. Required: Using the ATO web assistant (Ask Alex), locate some information and advice that would address Mikes concerns regarding the FBT implications.

Reference no: EM133589412

Questions Cloud

What social psychology concept is demonstrated in vignette : Asmine is a new employee at a company where the dress code is business casual. What social psychology concept is demonstrated in this vignette?

Describe at least four tangible and intangible benefits : Describe at least four tangible and intangible benefits and the techniques you can use to help derive business value.

What divisions does canada heights have : What divisions does Canada Heights have? Why is it important to cluster all the products they manufacture into divisions?

Wages for two employees at fictitious company : What observations do you notice about the differences in starting pay and the impact of pay on the pace of promotions?

About fbt implications of using them for private use : Mike Johnson is running are couple of vehicles through his small business and was concerned about the FBT implications of using them for private use.

What qualifies as commercial vehicle : Seats 9 persons including the driver, and has a GVWR less than what qualifies as a commercial vehicle, for a trip to a missionary location.

Discretionary powers to administer and manage the trust : Chizu names his attorney, Kelly, as the trustee and gives Kelly wide discretionary powers to administer and manage the trust.

Considerable amount of potential tax : Dispute raises some interesting and difficult legal issues and has not previously been taken to court. There is a considerable amount of potential tax

States can show strength internally and externally : States can show strength internally and externally. What is one example of internal strength and one example of external strength that a state may demonstrate?

User Account

All Pages