Notice of Rulings 17 September 2025
The Commissioner of Taxation, Rob Heferen, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public ruling, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS |
Ruling number | Subject | Brief description |
CR 2025/62 | Interleasing (Australia) Limited – digital fringe benefits tax logbook for car logbook and odometer records | This Ruling sets out the fringe benefits tax consequences for those employers that enter into an arrangement with Interleasing (Australia) Limited to utilise the Digital FBT Logbook offered by Interleasing (Australia) Limited, for car logbook and odometer recording purposes. This Ruling applies to employers refereced in the Ruling from 1 April 2025 to 31 March 2029. |
Overview
The Notice of Rulings F2025N00753, issued on 17 September 2025 by the Commissioner of Taxation, Rob Heferen, under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953, provides public clarification on the fringe benefits tax implications for employers engaging with Interleasing (Australia) Limited. The ruling, accessible via ato.gov.au/law, addresses the specific issue of utilising the Digital FBT Logbook for recording car logbook and odometer details, aiming to ensure compliance with fringe benefits tax regulations. This legislative notice aims to fill a gap in understanding and applying the relevant tax laws to such arrangements, thereby ensuring employers are well-informed and compliant with the stipulated tax obligations. The policy objective here is to provide clarity and guidance to employers, thereby facilitating adherence to the fringe benefits tax framework.
Scope and Application
The Commissioner of Taxation, Rob Heferen, has issued a public ruling under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 concerning the fringe benefits tax (FBT) implications for employers engaging with Interleasing (Australia) Limited to use its Digital FBT Logbook for car logbook and odometer records. This ruling is applicable to employers specifically referenced within the document, and its provisions are effective from 1 April 2025 to 31 March 2029. The ruling is geographically applicable within Australia and is intended to provide clarity on the FBT obligations for employers who adopt the digital logbook system offered by Interleasing. There are no stated exclusions, exemptions, or thresholds specified in this ruling, and it does not extend or restrict its application through subordinate instruments. This legislative notice ensures that the specified employers are aware of their FBT responsibilities when using the specified digital logbook system.
Key Provisions
The main operative sections of this public ruling, CR 2025/62, focus on the fringe benefits tax (FBT) consequences for employers using Interleasing (Australia) Limited's Digital FBT Logbook for recording car logbook and odometer details (section 1). This ruling is designed to provide clarity and guidance to employers regarding the FBT implications of such arrangements (section 1). It explicitly applies to employers who enter into an arrangement with Interleasing (Australia) Limited for the period from 1 April 2025 to 31 March 2029 (section 1).
The obligations and requirements imposed by this ruling on the parties governed by it include ensuring that employers correctly interpret and apply the guidance provided regarding the FBT obligations when using Interleasing's Digital FBT Logbook (section 1). Employers must ensure that the digital records maintained through the logbook are accurate, complete, and comply with the FBT requirements. This involves maintaining proper records of car usage and odometer readings, as well as adhering to the specific conditions outlined in the ruling (section 1).
Failure to comply with the provisions of this ruling could result in various consequences for the employers. While specific offences or penalties are not detailed within this ruling, general FBT legislation may apply, potentially leading to civil or criminal consequences (section 1). For example, incorrect FBT reporting or failure to maintain proper records could result in penalties, including fines or legal action, depending on the severity and intent of the breach (section 1). It is essential for employers to adhere to the guidance to avoid any potential adverse outcomes.