Tag "FBT"

FBT risk and compliance update

The ATO has previously advised that there are a number of risk areas that are being focused on. The current status of that work with these risks is as follows.

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FBT – Travel on stand-by duty

Travel to work which is required of an employee on stand-by duty may not be private use of a vehicle. It will not be private if the employee is …

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FBT – Vehicles – What is ‘private’ use’?

FBT – Vehicles – What is ‘private’ use’?

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FBT – Remote Area Benefits – please read this if you are in a regional location!

FBT – Remote Area Benefits – please read this if you are in a regional location!

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Featured QA – FBT – exempt vehicle – all or nothing

Question We have a utility vehicle which is usually exempt from FBT as it only has commuter use, however in August the usage of thi…

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FBT Entertainment Technical Paper

FBT Entertainment Technical Paper

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Featured QA – FBT – providing transport options for staff

Featured QA – FBT – providing transport options for staff

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Meal Entertainment – 50/50 method under section 37BA and section 152B of the FBTAA

Meal Entertainment – 50/50 method under section 37BA and section 152B of the FBTAA

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FBT Case – Virgin Blue

Virgin Blue Airlines Pty Ltd v FC of T2010 ATC 20 – 188, [2010] FCA 631 – car parking benefit – statutory interpretation of ‘in the vicinity of’ – Fringe Benefits Tax Assessment Act 1986.

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FBT – ATO relaxes attitude on Travel Diaries and No-Private-Use Exemption

It suffices to say that the sensible approach now adopted by the ATO on this issue may well significantly relieve the ongoing administrative burden many employers face with collating and administering travel diaries.

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