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Tax time for trucks

Friday 6 June, 2018

ATO advice

Does your council have employees who hire their truck to council?

The ATO has a fact sheet out for councils to lay out the tax consequences for the employees receiving payments from council for hiring their trucks, including tax deductions they may be entitled to claim in relation to their trucks. 

You can check if your council is impacted by reading the Queensland Local Government Industry (Stream B) Award – State 2017 and heading to Division 1 Schedule 1.

Councils can access the fact sheet on LG Online (login required).

Questions?

Contact the ATO - Liam Warne on 08 7422 2044 or Peter Wynter (until 14 August 2018) on 02 6216 6541. If your question is related to PAYG reporting or withholding, email the ATO on withholding@ato.gov.au. 

 

Local Government Association of Queensland
LG House, 25 Evelyn Street, Newstead Qld 4006


 

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