Our technology can let you take the complexity out of employees claiming FBT with their vehicles.
As we know, Fringe Benefits Tax (FBT) can be difficult to manage and our system can simplify the process for your business. It's essential for your business to assess your FBT liability so that you can lodge an FBT return, but keeping track of all the necessary information can be difficult on paper. With Kynection's one system KIM, data is easily captured and stored in a centralised database.
- ATO compliant
- Easily exportable
- Asset dashboards
Our team can even help your employees install simple-to-use NFC tags within company vehicles which will prompt the drivers as they enter the vehicle so they can complete the form before they embark upon their journey.
At the end of the financial year, your team will be able to easily export the required data so claims can be lodged via the Australian Taxation Office (ATO).