15/10/2026
🏉 Rachael at the Rugby Club reckons the company ute is fully claimable! 🛻
“The company can buy me a ute and claim the whole lot”
Rachael’s got the keys, the big smile, and she's ready to drive straight over the try line. 🚗💨
But hold up, Rachael — there are a few rules to check before you put that ute on the company books!
Buying a vehicle through your company doesn't automatically mean you can claim the whole cost.
There’s business versus private use, GST, depreciation, fringe benefit tax (FBT), and finance to consider. And just because it's a ute doesn't mean it's automatically exempt from the FBT rules.
Get it wrong and that shiny new set of wheels could come with an unexpected tax bill.
Your accountant can help work out the best way to purchase, finance and account for the vehicle — before you sign on the dotted line.
🏉 Before Rachael drives the company ute over the try line, talk to Whutupōro. We’ll help keep you on the right side of the rules.
📩 Thinking about buying a vehicle through your business? Give us a shout before you buy!