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So ride-share cars are not taxis for FBT – What do I do now?
Legislative reform would be required to incorporate ride-sharing services into the exemption.
The cost of any taxi travel beginning or ending at an employee’s place of work is exempt from FBT to the extent the travel is undertaken in a licensed taxi. With the increasing popularity of ride-sharing service, such as Uber, in recent years, employers and the Australian Taxation Office (ATO) have had to consider whether home to work travel in ride sharing services can access this FBT exemption.After almost two years of consultation, the ATO has recently updated its website confirming that r...
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Authors: Hayley Lock, David Sofrà,
, Paul Hum
Published Date: 15 July 2019
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