If you are a business owner and want to avoid paying too much Fringe Benefits Tax, it’s important that your employees keep a detailed vehicle log book when travelling for work.

The best way to encourage employees to fill out their log books accurately is to make it as easy as possible. We have found an ATO compliant app that will make log books a cinche!

VehicleLog has been specifically written to comply with ATO requirements for car logbooks and produces PDF & CSV reports detailing the percentage business use of the vehicle that can be passed straight onto your accountant or tax agent.

It can optionally use the GPS. It also has a number of other useful features, and can be used for employee km reimbursement claims.

Have a look at http://www.vehiclelog.com.au/

The information in this document reflects our understanding of existing legislation, proposed legislation, rulings etc as at the date of issue. In some cases the information has been provided to us by third parties. While it is believed the information is accurate and reliable, this is not guaranteed in any way. Any advice in this publication is of a general nature only and has not been tailored to your personal circumstances. Please seek personal advice prior to acting on this information.