Month: March 2020

Importance of Rhino Roof Racks for Road Trips

Are you wondering about essential accessories to have in your car when you’re planning a road trip? Do you think that having some of these pieces of equipment will make your trip better or won’t it make any difference at all?

If the trip involves your family, rhino roof racks are a must-have piece of accessory. The trip becomes more enjoyable and stress-free with the presence of rhino roof racks.

The importance of rhino roof racks cannot be appreciated when you’ve never used them before. However, the benefits the racks provide for all trips make them an essential accessory for future trips.

The advantages provided by rhino racks for all road trips include:

 

Provide more storage space

More storage space is one of the major benefits provided by rhino roof racks. The luggage of the entire family requires a space to store them while on a trip. Your car may not be able to carry the whole amount of goods. The rhino rack saves the day by offering extra storage space for all your essentials.

Suited for all types and sizes of vehicles

The design of rhino racks makes them suitable for all types and sizes of vehicles. It does not matter whether you’re using a small car, RV, van, station wagon or 4×4 during your trip. The rhino rack will fit right in and offer you extra storage space that you need.

 

Strong and sturdy

The sturdiness of rhino racks is one of its best assets. Using only the highest quality materials make the racks the strongest of all. They cannot be easily broken, making them the top choice for road travellers. While rhino racks cost a bit more compared to other racks, using them over the years provides great value.

 

Capable of carrying road trip accessories

Rhino roof racks are specifically designed to handle and carry all manner of road trip accessories. This includes luggage, timber, shovels, ladders, axes, conduits, and more.

 

Comes in varied styles and designs

Taste and preference play an important role when it comes to accessories. Durability, design, and style are critical factors buyers consider in any product. The different designs and styles provided by rhino racks make them the accessory suited for varied tastes and preferences. This enables a traveller to choose the rhino rack that can complement the style and design of their vehicle and the purpose of the trip.

 

Choosing the Roof Rack for your needs

 

Choosing the right roof rack for your needs is the next consideration to think about.

  • The fit of the roof rack is the most crucial factor to consider when you want to get the right one.
  • Roof racks are circular or round-shaped with adjustable clips or straps. Choosing the design and shape of rack compatible with your vehicle is the best way to go.
  • A rack with a mounting system is another option to look into. Tightening the knobs is the way to make this kind of rack model work.
  • The height of the rack is another consideration to think about. A high rack packed with equipment can become disadvantageous when you travel to places with a lower ceiling space.

 

One of the essential accessories to have if you’re being constantly on road trips with family and friends is a rhino roof rack.

 

 

Fuel Tax Credits

All businesses in Australia can claim fuel tax credits for fuel used in their business. It includes the price of all fuel used in their business activities. Taxable fuel for a business is the fuel that’s purchased, manufactured, or imported.

Taxable fuels

Among the taxable fuels are liquid fuels, fuel blends, and gaseous fuels.

  • Liquid fuels are diesel, petrol, and fuels such as kerosene. Full lists are found online.
  • Two standard blends of fuel are petrol and diesel blends.
  • Gaseous fuels are liquefied natural gas, liquefied petroleum gas, and compressed natural gas.

Your business can claim activities in plant, equipment, machinery, vehicles that are over 4.5 tonnes, and vehicles that are light enough to travel on private roads but not on public roads.

Auxiliary equipment that requires fuel can also be included. This is equipment powered by their own motors using fuel from the main fuel tank of a heavy vehicle or a separate fuel tank.

Registering for goods and services tax or GST

To put in a claim, you must be registered for both FTC and GST. GST is a 10% tax on most services, products, and other items that are used or sold in Australia. If your business is GST registered, your customers have to pay your business this money, and you pay it to the tax services each tax period.

GST registering

  • Your business has a GST rotation of over $75,000+
  • $150,000 or more for a non-profit organisation
  • Businesses offering taxi or limousine services
  • Claiming FTC no matter what the actual turnover

FTC must be claimed within four years after you have lodged your BAS for the tax period in which your business got the fuel.

Amount of fuel

The amount of fuel that your business can claim depends on the kind of fuel you use and how you use it. So when you are ready to claim FTC, you must list when you got the fuel, the kind of fuel used, and how you use the fuel in your business.

Calculating and claiming FTC

You can find online an FTC calculator you can use, or small business owners can use the ATO app. They can help guide you through the proper steps. Be sure to check the latest rates and keep in mind that it’s possible to have more than one rate per period. Twice a year, FTC rates are adjusted according to the CPI. You can also find information on simplified FTC if you want to put in a claim and spend on fuel below $10,000 per year. After calculations, you claim your FTC on your BAS and remember that they are also business income.

Claiming less than $10,000 per year

If your business wants to claim FTC for less than $10,000 per year, then you can use the following records:

Contractor Statement where the amount of fuel used for business is deducted from the amount that was paid for services.

Financial institution statements showing only the amount paid.

Point-of-sale-docket, where the amount of fuel dispensed, is not itemised or the amount is illegible.

Fuel supplier statement or invoice that only shows the dollar amount.

You can find information online for any other inquiries or concerns you might have when you want to claim your FTC.