FBT

FBT

Salary Packaging

Special Edition

2024/25 FBT car parking threshold announced

The ATO has recently announced the car parking threshold for 2024/25. The threshold is fundamental to determining whether an employer...

Member Q&A: How many years back will the ATO review FBT compliance?

If the ATO were to undertake a review of our FBT compliance, how many FBT years back would they go?...

Is a “Pay & Display” parking facility a FBT exposure?

What constitutes as a commercial car park? In this article we summarise the criteria needed to figure out exactly what...

Member Q&A: What is the FBT treatment for a car navigation system?

As technology improves, so does the cost of maintaining it. Is the update of a car's satellite navigation system included...

Member Q&A: Dual purpose travel – how to treat the airfares?

When an employee travels for business but stays on for a holiday, how do you work out the FBT for...

FBT, Payroll, Public, Salary Packaging

Stage 3 tax cuts: welcomed, but a sting in tail for salary packaging

Whilst the new proposed Stage 3 tax cuts will produce savings for most taxpayers, the changes will also have an...

Member Q&A: Volunteer reimbursements

What are the FBT implications of giving reimbursements to volunteers?

Imported second hand EVs and the FBT exemption

We are getting a lot of questions regarding the scope of the FBT exemption for electric vehicles (EVs). An interesting...

Member Q&A: Charging employee private vehicles at work

The rise of e-vehicles also raises the questions about what are the FBT implications (if any) of employees charging their...

ATO threaten crackdown on ‘workhorse’ vehicles!

The ATO has recently stated their concerns with certain 'tradie' type vehicles. The concern is that such vehicles provided to...

Living away from home: Regular and rotational requirement

What does "regular" and "rotational" mean according to the ATO? How will this affect FIFO/DIDO living away from home benefits...

Employee travel insurance policy cost – otherwise deductible?

Is an employee's travel insurance expense covered by the otherwise deductible rule? See our summary of the ATO's reasoning.

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