Australian Tax Office publishes Class Ruling for two10degrees’ in-vehicle management solution

We are pleased to announce that the Australian Government’s Tax Office (ATO) has published a Class Ruling affirming that our in-vehicle management solution (IVMS) is compliant with Fringe Benefit Tax (FBT) reporting for car log books and odometer records.

​“We are delighted to announce fringe benefits tax (FBT) support in our IVMS solution. The ATO Class Ruling 2019/8 (Fringe benefits tax) provides two10degrees’ clients who use our in-vehicle management solution, with compliant FBT reporting for car log book and odometer records.

​"The solution is smartphone-based for drivers, and web-based reporting tools are available for managers. Our solution provides our customers with a cost-effective and agile process to improve accuracy and ease the effort of FBT compliance.”
Paul Weiss, Director of Business Development & Alliances

Find out more at the Australian Government’s Legal database here. 
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For more information on our IVMS solutions and FBT Reporting, please get in touch. We can’t wait to hear from you. ​