18 Jul 2013

Fringe Benefits Tax. People are cheating the system every day!

Salary packaging businesses will be hurt , Garbage!
Nothing has changed accept keeping a log.
New cars sales will drop, Garbage!

The government has not abolished the FBT concession for cars but has only changed the way it was administered to remove an automatic tax deduction.
People will be required to keep records for three months every five years to "justify that claim". How onerous is that, come on pull the other one!
Treasury advice says that two-thirds of the 320,000 people affected earned more than $100,000.
There were a "lot of people fiddling the system" and they were driving BMW's and other imported brands not just Australian made Holden's.
Industry figures privately admitted people could use their car under the scheme for up to 100 per cent private use but claim 80 per cent was work-related.
Can someone tell me why new car sales will drop, are these people going to buy
 push bikes.
MY NEW MODE OF TRANSPORT
I USED TO DRIVE A BEAMER
NOW BECAUSE I CAN'T FILL IN A LOG BOOK
I DRIVE THIS, WHOA IS ME!

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