Day: March 25, 2026

Is your Little Red Wagon towing a surprise tax bill?

Is you Little Red Wagon owned by your business? Don’t crash into an unexpected Fringe Benefits Tax liability!

The FBT year ends next week and there are 3 things to think about:
-personal usage (have you got a logbook to document percentages?)
-would an EV be a sensible investment (right now? yeah fuel is $$%!)
-odometer reading on Tuesday night or Wednesday morning (to make paperwork less bad)

Speak to your accountant about potential FBT expenses now.

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