FBT

FBT

Salary Packaging

Special Edition

The FBT implications of end-of-year functions

Christmas employee functions will have varying degrees of lavishness. We look at some scenarios and assess their ‘Grinch’ risk. With...

FBT, GST, Public

GST and FBT – The tax consequences of gift giving

T’is the season for gifts – but are you also making a gift of GST or FBT to the Revenue?...

FBT Q&A – Dinner provided after all day training

Question We run a number of one or two day structured training courses for new recruits and existing staff wishing...

FBT Q&A – Relocation exemptions

In relation to employee relocation costs, what are the more common available heads of salary sacrifice? Question We have made...

FBT – Car parking fringe benefits – ATO restatement and expansion of the net

Heads up – the ATO has issued some revised material on car parking fringe benefits. Two recent ATO documents cause...

FBT – Road and bridge tolls – for whom does the FBT bell toll, employer or employee?

Where an employer pays/reimburses an employee’s road toll expenditure or allows the employee to use the employer’s electronic road toll...

FBT Q&A – Work related preventative health care: In-house massage

Is provision of an in-house therapeutic massage for all employees an exempt fringe benefit? Question We are considering providing in-house...

FBT, Payroll, Public

FBT and Payroll – Remote area tax concessions and payments

Heads up, there may be some changes to remote area tax concessions and payments. The Productivity Commission has suggested reforms....

FBT alert: Ride-sharing travel services

Relief from discrepancy in the FBT treatment of taxi travel and riding-sharing travel services is ‘in hand’. Long-standing readers of...

FBT Q&A – Payment of employee annual public transportation pass

Does a fringe benefit arise where an employer pays for an employee’s annual Myki (public transportation) card on the basis...

Eligibility, FBT, Public

Eligibility & FBT – Securing PBI status during an FBT year: Effect on FBT exemption cap

If an employer gains public benevolent institution (PBI) status during the FBT year, do employees become eligible to use the...

FBT Q&A – Expense payment fringe benefits: Returning input tax credits to employees

We provide expense payment fringe benefits to our employees. This, in part, involves returning input tax credits (ITCs) to the...