FBT

FBT

Salary Packaging

Special Edition

FBT Q&A – Living-away-from-home allowance (LAFHA) for employee posting overseas: Food and accommodation

Question Council is planning to have an employee posting overseas for six months. For the reasonable food component, if Council...

FBT Q&A – A list of salary-sacrifice benefits?

From an FBT and income tax perspective there is no restriction on the types, or amounts, of benefits that can...

FBT – Fringe Benefits Tax Compliance Cost Review

The Taxation Board of Review is conducting a review of costs of complying with FBT. As part of the review,...

FBT, Payroll, Public

Payroll Article – Changes to 2017/18 Payment Summary reporting requirements for Reportable Fringe Benefits

Changes to rules regarding eligibility measures for various Federal Government benefits/payments and income tests (effective 1 January and 1 July...

FBT Article – Does a section 57A employer ever pay FBT on non-salary packaged meal entertainment it provides to employees?

Much effort goes into determining whether fringe benefits by way of meal entertainment are provided to employees. Meal entertainment is...

FBT Q&A – Gifts to long serving employees

Question Could you please confirm whether a gift worth $800 provided to a long serving employee is exempt from fringe...

FBT Article – Practical Compliance Guideline PCG 2017/D14, the detail

Under the FBT rules the use of certain eligible vehicles is an exempt benefit where the private use of those...

ATO Draft FBT Guideline – December 2017

Private use of motor vehicles can be an FBT nightmare for administration and record-keeping. It is a frequent source of...

FBT Article – ‘F’ for Festive Season means ‘F’ for FBT!

When it comes to entertainment type expenditures the rules for income tax-exempt employers are different to those faced by for-profit...

FBT Q&A ‘ Provision of Uniforms to Council Volunteers

Question We are a council and we have a register of volunteers who assist with various events held in the...

FBT Article ‘ Definition of ‘taxi’ for FBT purposes

The Uber decision In the UBER case, the Court had to consider whether ride-sourcing drivers were providing taxi travel for...

FBT Q&A – employee attending gala awards dinner

Question We are sending an employee on overnight travel to attend a business awards gala dinner. There is no conference...