Car Fringe Benefits Tax Reporting Using the Bolt
The Bolt OBD is the perfect tracking device for car fringe benefits tax (FBT) reporting and Log Booking.
Both FBT reporting and Log Booking requires a device that is cost-effective, easy to install, hassle-free, and accurate. The Bolt fits this bill and is already seeing service in the GPS Log Book system in South Africa. Customers use the system to track business vs. private mileage.
The Bolt fits a lot into a small package at a great price point. Installation doesn’t get simpler than this. It simply plugs into the vehicle OBDII port and immediately starts tracking car fringe benefits for easy reporting.
- Out of sight, it sources power from the port, to run the smart GPS Tracking and report its data over 2G or 4G LTE-M networks.
- It includes a first-class ublox GPS module for accurate tracking.
- Connectivity is provided by either 2G or the latest cellular 4G LTE-M networks.
- The accelerometer reports driver behavior metrics and accident reporting, including rollover detection.
At the end of the tax year, a detailed logbook can be submitted to the tax authority. Many customers find value in the hassle-free log book reporting.