Hahaha, the average international weight is actually 62 kg. The average Australian weight is 79 kg. Just an idea, what if you removed the seats from your car that typically would have five seats? Or if you tow a trailer can you now include the towing capacity? Food for thought. Thanks Derek, you have many great videos.
Gross vehicle weight is the weight of the vehicle fully loaded with passengers, fluids, fuel, and load capacity. Kerb weight is the weight of the vehicle with all parts, fluids (fuel, oil, radiator fluid) to run, but no people or load. The calculation is working out how much of the full loaded weight (gross) is going to Load rather than people.
Just wanted to provide a feedback. I think you should enable a high volume recording as I was not able to hear even my volume was maxed out on a Bose noise cancelling earphones
Hey man quick question soo I’m driving a company car n I get to take home but if I use for my private use they charging me 0.72 for km, also I’m paying around $600 a fortnight and do think I can clam anything back?
The best way to not worry about FBT is to not give your employees anything. Thanks ATO.
Great presentation. Who would have thought accounting could be so engaging!
Thanks Derek! Great presentation
Appreciate the time and effort you took to upload this vid. Very informative
Excellent Video. Clear and precise explanation
Thank you, that is the best explanation, both logical and straightforward, I have come across while studying!
Really good video
Great video. Naturally amusing.
Wow, this content is amazing
Thanks man for sharing this video. Will help me tomorrow for my taxation exam. FBT I am coming...
How did you go?
Hahaha, the average international weight is actually 62 kg. The average Australian weight is 79 kg.
Just an idea, what if you removed the seats from your car that typically would have five seats?
Or if you tow a trailer can you now include the towing capacity?
Food for thought.
Thanks Derek, you have many great videos.
Gross vehicle weight is the weight of the vehicle fully loaded with passengers, fluids, fuel, and load capacity.
Kerb weight is the weight of the vehicle with all parts, fluids (fuel, oil, radiator fluid) to run, but no people or load.
The calculation is working out how much of the full loaded weight (gross) is going to Load rather than people.
Thank you Derek. Explained so well.
Best explanation!! Thank you so much !!
Thankyou so much for this
Great video
Thanks Derek!!
At 5.12 you said can claim a tax deduction for client component of the costs of meals. Client entertainment meals are not tax deductible.
They become tax deductible if you are registered for FBT
@@evolutionclouds yes, but then you will have to pay FBT , which really defeats the purpose. Im a CA 😃😃😃😃
Excellent info, shame it’s not NZ specific. Thanks anyway
Just wanted to provide a feedback. I think you should enable a high volume recording as I was not able to hear even my volume was maxed out on a Bose noise cancelling earphones
How does FBT work with LOFHA?
Hey man quick question soo I’m driving a company car n I get to take home but if I use for my private use they charging me 0.72 for km, also I’m paying around $600 a fortnight and do think I can clam anything back?
Unfortunately No. You don't own the car. The tax deduction belongs to the owner of the car.
Anahi Isle
WHAT IS A CAR!!!?!!?!??!?!
A tax deduction on a tax. Taxception.
Australia in a nut shell
Gngn