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Thread: 110 and 130 Commercial ATO

  1. 27th February 2010, 10:14 AM #1
    all4fun
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    110 and 130 Commercial ATO

    Can anyone tell me if the ATO recognise both the 110 Defender and 130 Defenders as commercial vehicles for tax purposes or just the 130.

    Thanks
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  2. 27th February 2010, 10:25 AM #2
    mike Guest
    hi there, i had a look on the ATO webpage recently for FBT purposes (which i assume is the same thing that you are asking about?), and it is very vehicle specific. For example a Standard Landcruiser is exempt from FBT, but a Patrol wagon is not. All utes and dual cabs are, so I'm sure the 130 would be. Can't recall the Defender and you will have to go through all the various pages on FBT exempt car benefits and make sure you also meet the criteria. Enjoy the challenge.
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  3. 27th February 2010, 10:28 AM #3
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    JDNSW
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    110 trayback and probably dual cab would be, station wagon would definitely not be, and hardtop, possibly.

    John
    John

    JDNSW
    1986 110 County 3.9 diesel
    1970 2a 109 2.25 petrol
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  4. 27th February 2010, 11:22 AM #4
    GRIFF
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    I have 110 and its my work truck and claim all tax benefit as long it your work vehicle you claim see your accountant
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  5. 27th February 2010, 12:50 PM #5
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    chuck
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    2007 110 Defender is exempt according to the ATO link.

    Regards

    Chuck
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  6. 27th February 2010, 01:01 PM #6
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    stevencam
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    Hi guys
    The criteria is pay load over one tonne or more than nine seats, no need for log book 100% claim if used for business. All defender 110 / 130 are in this catagorie. All vehicles can be claimed for business use percentage up to luxury limit but will require log books and substantiation.
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  7. 27th February 2010, 04:40 PM #7
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    Michael2
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    Quote Originally Posted by stevencam View Post
    Hi guys
    The criteria is pay load over one tonne or more than nine seats, no need for log book 100% claim if used for business. All defender 110 / 130 are in this catagorie. All vehicles can be claimed for business use percentage up to luxury limit but will require log books and substantiation.
    When I looked at the ATO website both 110 & 130 were "commercial vehicles" for FBT. However if you're not Salary Packaging the car, but own it, and claim work use, I wasn't sure whether a 5 seater wagon would fit the criteria or not? I asked my accountant, but couldn't get a definite answer.
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  8. 27th February 2010, 06:59 PM #8
    scott oz Guest
    A mate I was talking to some time ago was saying somthing about having to refit his rear seats (11) seater (2003 TD5 110) something to do with tax
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  9. 27th February 2010, 07:15 PM #9
    all4fun
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    I will own it buying it through my company, own a small fibreglass boat building company. Thanks for the info guys seems like the 130 will be the safest bet.
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  10. 27th February 2010, 07:46 PM #10
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    stevencam
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    Quote Originally Posted by Michael2 View Post
    When I looked at the ATO website both 110 & 130 were "commercial vehicles" for FBT. However if you're not Salary Packaging the car, but own it, and claim work use, I wasn't sure whether a 5 seater wagon would fit the criteria or not? I asked my accountant, but couldn't get a definite answer.
    You would have to justify your claim, if you are an office worker in the city with only incidental work mileage then 100% business probably not be considered reasonable, it may be a good idea to keep a log book to substantiate the claim. A trady moving between sites or farm use then quite reasonable to claim 100% expenses without log books.

    So difficult to give a difinite answer, as with most tax issues,there will be a number of ifs, but's, do's and dont's.

    I am currently studying final year of bachelor commerce and still can't believe the complicated, bureaucratic, mess of the taxation, accounting and financial regulatory sytems
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