FBT, Public
FBT and electric vehicles – how does it work?
At our recent TaxEd FBT Roadshow, the treatment of electric vehicles was regularly raised. In particular people wanted to confirm...
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Councils, FBT, Public
Member Q&A – How do we classify private trips undertaken in a ‘workhorse’ vehicle that is carrying bulky equipment?
Question If an employee, who has full private use of a one tonne vehicle and who is required to carry...
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ATO/General, FBT, Public
The FBT car parking rules may be changing …. again!!
We issued a TaxEd Special Edition on 1 April 2022 (see here) drawing attention to the fact the car parking...
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FBT, Public
Member Q&A – Does the timing of the reimbursement for a section 58X ‘eligible work related item’ impact which FBT year applies to the benefit?
Question An employee purchased a portable electronic device in March 2021 (the prior FBT year). However, we did not reimburse...
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FBT, Public, Salary Packaging
Can the car/motor vehicle ‘workhorse exemption’ apply where an employee lives away from home during the week?
The exemptions under sections 8(2) and 47(6)Â of the FBT Act apply where there is no private use of the...
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ATO/General, FBT, Public
No April Fool’s Day joke! FBT car parking rules to change again – what does that mean for you?
In November 2019 the ATO issued a draft ruling TR 2019/D5 outlining an updated view of the application of the...
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FBT, Public
Key benefits of attending the 2022 FBT Roadshow
The end of the FBT year draws near! Each year, there are new developments to keep in mind when preparing...
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ATO/General, FBT, Public
Employee COVID-19 testing expenses: Welcome tax relief confirmed
In our February 2022 TaxEd Update, we covered the tax issues related to employers providing or reimbursing costs related to...
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ATO/General, FBT, Public
FBT and car parking: Be ready for 1 April 2022
We have previously focused on the Tax Office’s ruling TR 2021/2Â (July 2021 Update and December 2021 Update) and particularly...
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FBT, Public
Member Q&A – Meals provided at public event
Question We have a public event on our premises & provide light refreshments consisting of pizza, sandwiches, and non-alcoholic events....
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ATO/General, FBT, Public
FBT implications of employee COVID testing costs
Editor’s note: The government has recently announced no FBT applies to COVID-19 testing. The Government announcement will be covered in...
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FBT, Public
Member Q&A – Should we pay an employee accommodation allowance in a remote area?
Question As part of the total remuneration package to an employee, we are looking to pay an accommodation allowance direct...
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