Your Clients Are About to Pay 30% More in FBT
Paying FBT under the single rate option is now at 64% due to the increased income tax and FBT rates from 1 April 2020. Taxlab enables you to calculate FBT under the Attribution option in minutes and reduce this cost for your clients. Pay less tax, spend less time, reduce the risk.
Fast and Accurate
Rely on professionally maintained tax software tailored for complex tax regulations. Use centrally controlled, updated and locked down tax logic. Eliminate reliance on Excel and reduce errors and risks in reporting and compliance.
Automated Tax Savings
Minimise your cash FBT liability by fully applying the employee attribution, pooling and de minimis rules. Taxlab automates calculations and optimises tax. Eliminate spreadsheet errors and be confident that you are compliant. Taxlab is maintained by professional FBT experts.
World-class Support
Designed and developed in specifically for local corporates and accounting firms. Benefit from deep tax features and expertise. Receive free specialised fast and friendly local helpdesk support. Talk with the design and development team whenever you need to.
Easy to Use with Comprehensive Features
Taxlab FBT software handles the largest employers as well as the smallest. It is easy to learn and to use and covers all benefit types and return types. Tax is calculated quickly and accurately with fully documented returns at the touch of a button.
FBT and GST
Quarterly and annual
Full year true-up
Attribution and pooling optimisation
De minimis exemption
Custom benefit types
Zero rated and mixed rate GST
GST apportionment
Easy importing
Motor Vehicles
Allocated vehicles
Pool vehicles
Cost, TBV and exempt methods
Driver changes
Driver analytics
Vehicle analytics
Reporting
Audit reports
Cost centre tracking
Benefit comparisons
Sense checks
Excel import/export
Review and Return
Unlimited users
Online review
Lock payroll by user
IR420, IR421, IR422, eFBT
See Taxlab in Action
Call us today to book a free demo, and see why virtually everyone who trials Taxlab, becomes our client.
Together, we’ll conquer your compliance.