FBT – Reportable Fringe Benefits and the pooled or shared car exclusion

Certain FBT benefits in relation to pooled cars are excluded from an employee’s payment summary or income statement under STP. As the 2020 FBT return preparation process is completed, one of the tasks is to identify whether benefits are required to be disclosed as Reportable Fringe Benefits. A common issue that arises is whether the …

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FBT year-end tips

Some readers will be working towards the FBT return COVID-19 lodgement deadline of 25 June 2020. A few FBT year end tips may reduce the stress. As the FBT return COVID-19 lodgement deadline of 25 June looms it is time for the often thankless but nevertheless significant task of preparing the FBT return. We provide …

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