Commercial Vehicle List
 

Can anyone confirm if the ATO has an actual 'commercial vehicle list' or are the regulations as blatant as this?:

[URL="http://www.ato.gov.au/individuals/content.asp?doc=/content/16391.htm&page=6&H6"]http://www.ato.gov.au/individuals/content.asp?doc=/content/16391.htm&page=6&H6[/URL]

I think that link is to do with claiming tax for mileage regardless of whether your vehicle is commercial or not.

A quick google...

This is a Melbourne based site which lets you select your car make/model and it will spit out the classification (commercial or otherwise).
[url]http://www.citylink.com.au/pages/VehicleClassification/index.jsf[/url]

This gives a very basic summary of the classifications
[url]http://www.citylink.com.au/286.jsp[/url]

Not directly from the ATO but I hope it helps.

I eventually found the list, however its not entirely up to date.

Thanks for the feedback.

The last list I had wasn't too up to date...

However there is a formula the ATO uses to determine if a car is a commercial carrier or not.

It's something like amount of seats x std. weight of person must be less than the carrying capacity.

Or something like that. I remember the original Holden Crewman SS did not meet that criteria leaving a lot of people with a FBT bill they weren't expecting.

1 ton load capacity

don't think so. We have a few Berlingo vans at work and they wouldn't take 1 tonne, yet they are classified as commercial.

[QUOTE=spotydog;440164]1 ton load capacity[/QUOTE]

SS/XR8's are well under that, yet on the list as a commercial vehicle.

[url]http://www.ato.gov.au/businesses/content.asp?doc=/content/00167339.htm&page=14&H14[/url]

Anyhow - what would I know about tax and cars.

So a 2008 manufactured Maloo ute is FBT exempt, but not a 2009 model?

Log book makes this discussion superfluous

Now that I have time, just so we are all clear and without John trying to be smarter than a chartered accountant: :p

If you are an [B]EMPLOYEE[/B] the criteria is per what Jme posted here: [url]http://www.ato.gov.au/individuals/content.asp?doc=/content/16391.htm&page=6&H6[/url] That is if you receive a travel allowance or you claim costs in your personal tax return for motor vehicle use the vehicle must be 1 ton capacity among other things.

If you are an [B]EMPLOYER[/B] you have a different criteria which relates to Fringe Benefits Tax and is defined here [url]http://law.ato.gov.au/atolaw/view.htm?docid=MTR/MT2024/NAT/ATO/00001[/url] These vehicles do not have to be 1 ton capacity per the attached.

There is a list of vehicles exempt from FBT which is issued each year based on the amount of enquiries received. If a vehicle isnt on the list it just means there have not been many enquiries. You can rely on a vehicle being on the list in a prior year still being classed as a commercial vehicle. [B]This list is for employer provided vehicles and relates to FBT![/B]

The car depreciation limit has yet another criteria (are you still with me).

To be exempt from The car depreciation limit the vehicle has to be 2 Tons or more, more than nine seats or a hearse blah blah blah and there are different rules re GST and the limits and LCT including a new higher rate of $75K for fuel efficient cars.


Now to keep my PI insurance down read below:
None of the above constitutes advice and you should not rely on it - speak to your Accountant about your particular circumstances.

Employee supplied vehicles suck... So I don't read up on that. :D

[QUOTE=Kato;440236]Employee supplied vehicles suck... So I don't read up on that. :D[/QUOTE]

Not when you are the employer!

Brendon

[QUOTE=urabus;440271]Not when you are the employer!

Brendon[/QUOTE]

Haha - many of my clients have an interesting Employer/Employee arrangment with themselves :D