@Tato,
I think you should rather start a new thread, as you are referring to diesel rebates and claiming thereon, and this thread relates to fringe benefits - benefits which a person receive due to the fact that they are employed by a company.
@Tato,
I think you should rather start a new thread, as you are referring to diesel rebates and claiming thereon, and this thread relates to fringe benefits - benefits which a person receive due to the fact that they are employed by a company.
Thank you, this answers my questions.
But why would an individual taxpayer claim against the use of a company owned vehicle? He/she would do that only, if he/she has to use own money to fill up the tank, for business travel. Am I right?
So if the company pays for petrol etc., then the individual would have no reason for a claim!? On the contrary, he/she might have to (theoretically) declare "fringe benefits", in case the vehicle is being used privately, too. Correct?
No Tato. A person having the use of a company vehicle pays tax on the fringe benefit that it represents. That fringe benefit value he is able to reduce by claiming the business usage (which does not represent a benefit) from the fringe benefit.
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