If your not-for-profit owns or leases a car and makes it available to employees, volunteers or their associates for private use, you may have a fringe benefit tax (FBT) liability.
A car is considered available for private use if staff:
- Use it, or are allowed to use it, for private purposes. For example, when they use the car to travel between work and home.
- Store the car at their home – even if they do not have permission from you to use the car privately.
To view the ATO information in full, click here.