Remunerator News

Mar 11 2015

Novated Lease Odometer Readings

As the end of the FBT year quickly draws to a close, it is essential that you effectively manage your travel and ensure compliance of your Associate or Novated Lease.

You are required to provide us with your final odometer reading by no later than midnight Wednesday the 31st March 2015.

Failure to enter an odometer reading or meet the required budgeted kilometres will result in the last known reading being reported and may incur an FBT liability.

Telling us is easy! Simply log into the My Statements area and view your vehicle dashboard at www.remunerator.com.au or, download our iPhone or Android App to access your dashboard via your smartphone.

Detailed reporting of customers Salary Packaging an Associate or Novated Lease will be provided to your Employer during April, particularly where this has caused an FBT liability that is required to be reported to the ATO.