{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"BK Pod","title":"Episode 25: Motor Vehicle Purchases and Payroll Pitfalls & Tips","html":"","width":"100%","height":180,"duration":2346,"description":"Two things land on every bookkeeper's desk eventually: a car purchase to code correctly, and a payroll deadline crush that hits all at once. This episode covers both.\nIs it actually a car? The car limit explained\nA snippet from this month's Let's Get Technical, hosted by Darren Hagarty and Kellie Powell.\nThe car limit puts a ceiling on the GST credits and depreciation you can claim on a passenger vehicle. It doesn't cap what a business can spend on a car, and it doesn't touch running costs like fuel, rego, insurance or interest. What it does is cap the GST credit to one-eleventh of the car limit, and cap the cost used for depreciation, once the purchase price goes over the threshold.\nNone of that matters until you've worked out whether the vehicle is actually a \"car\" under tax law. Darren and Kellie walk through the legislative definition — a motor vehicle built to carry less than a tonne and fewer than nine passengers — and why so many dual cab utes trip people up. Two utes that look almost identical can land in completely different tax treatment, because the test isn't the badge on the bonnet. It's the carrying capacity, and whether the vehicle is designed mainly to carry people or mainly to carry goods.\nPractical takeaway for BAS agents: get the manufacturer specs before you code the purchase. GVM, kerb weight, model and variant, and any accessories fitted (bull bars, canopies, tow bars) can all shift a vehicle across the one-tonne line.\nMembers can catch the full session, Motor Vehicle Purchases, in the Members Centre.\n\nThe EOFY payroll crush: pitfalls and tips\nABA directors Peter Thorpe and Kerrie Jarius on managing the reporting pile-up that hits payroll-heavy practices every July.\nPeter and Kerrie's practice does payroll for around 90% of their clients, most with 15+ employees, so the July crunch is real for them. Their conversation runs through everything that lands on top of standard PAYG reporting:\nPAYG withholding — income statements are due 14 July....","thumbnail_url":"https://img.transistorcdn.com/5jvdB-te3vmX_Oth0tdqjulDCpoYnKbpNZrcDUKC2FQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xNzY2/MzYyNGUyMDQ2NTQz/NzA0OTdmNTJiZmQ3/MGFkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}