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EN-AU
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CEO Mark Newton for St John Ambulance Australia (NSW) has raised concerns around recent changes announced to the Fringe Benefits Tax arrangements for workplace motor vehicles.
The not-for-profit organisation uses salary sacrificing as an affordable way for employees to own and use a vehicle saying recent proposed changes will mean that salary sacrificing a vehicle will not be available to employees and will add unnecessary administrative tasks such as log book completion.
“As a self-funded charity, we are dependent on our commercial revenues to support our life saving community services and the provision of first aid duties at over 8,000 community events each year across NSW,” said Mr Newton.
“One of our very important sales channels for first aid kits is to the automotive industry, and in particular to the vehicle leasing industry. With the changes to the treatment of the Fringe Benefits Tax on vehicle leases, that industry has been severely impacted and as a result, this sales channel has decreased significantly.”
“The downstream impact of this on St John (NSW) is significant and impacts our revenue by hundreds of thousands of dollars per year. The magnitude of these changes has the very real potential to affect our provision of life saving services to the community.”
“St John (NSW) and many other not-for-profit organisations were unaware of such changes. They were implemented without industry consultations and these unforeseen consequences were therefore n ot considered when they were implemented. On this basis, St John (NSW) has joined the chorus of opinion in calling upon the government to reverse the changes to preserve the previously existing provisions.”
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