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Get the free Personal Use of Company Car (PUCC)Tax Rules and Reporting

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For personal use only Wednesday,30September CompanyAnnouncements AustralianSecuritiesExchange Level4,20BridgeStreet SydneyNSW2000 NOTICEOFMEETINGGlennonSmallCompaniesLimited2020AnnualGeneralMeeting
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How to fill out personal use of company

01
Obtain proper authorization from the company to use company resources for personal use.
02
Keep detailed records of personal use including dates and reasons for the use.
03
Separate personal expenses from business expenses to avoid confusion.
04
Follow company policies and guidelines regarding personal use of company resources.

Who needs personal use of company?

01
Employees who have been granted permission by their company to use company resources for personal use.
02
Individuals who have a legitimate need to occasionally use company resources for personal reasons.
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Personal use of company is when an individual uses company resources or assets for their own personal benefit.
Employees who have used company resources for personal use are required to file personal use of company.
To fill out personal use of company, employees must report the details of their personal use of company resources on a designated form provided by their employer.
The purpose of personal use of company is to ensure transparency and accountability in the use of company resources by employees.
Employees must report details such as the nature of the personal use, the duration of use, and the value of the resources used.
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