Q&A – mixed bag GST, FBT and Payroll
Under the amendments to the living-away-from-home provisions, concessional FBT treatment is available for the first 12 months where an employee in receipt of a Living-away-from-home allowance (LAFHA) ‘maintains a home in Australia’.
Over the last 10 years there has been very little audit or review activity by the Australian Taxation Office (ATO). In fact a large number of employers would not have experienced any ATO audit since their initial FBT registration. However, a number of recent developments signal a significant shift in FBT audit activity over the […]
FBT – Key outcomes from 2012/13 ATO National Tax Liason Group Meeting