FBT

FBT

Salary Packaging

Special Edition

Member Q&A: Cost of a band at end of year function, 50/50 method

End of year functions with entertainment. Find out exactly what is covered under the 50-50 meal entertainment rule.

Member Q&A: FBT car exemption – modification of passenger cars

Our Fleet Department purchase passenger vehicles from a dealership, to be modified. The modified vehicle will have seating capacity for...

ATO updates: Electric vehicles and car parking ruling TR 2021/2

The ATO has released more detailed public guidance on the new electric vehicle FBT exemption and finalisation of TR 2021/21....

The FBT exemption for electric vehicles – fully switched on

Legislation has received Royal Assent. Here are all the facts and what it means for Governments and NFPs.

FBT & the electric vehicles exemption: the state of play

As at 1 December 2022 legislation implementing the Government's proposal to provide an FBT exemption for certain electric vehicles is...

Councils, FBT, Public

Member Q&A: Salary sacrificing Council rates and FBT – how does it work?

Question We are a Council. If we allow our staff to salary sacrifice their Council rates can we apply the...

Good News: The FBT exemption for electric vehicles is coming!

On the 29th of June 2022, the Government announced a proposal to provide an exemption for Fringe Benefits Tax (FBT)...

Member Q&A: Does the 12 week register method reduce FBT for meal entertainment?

Question Our organisation generally elects to use the 50/50 method in the Division 9A ‘meal entertainment’ provisions of the Fringe...

ATO/General, FBT, Public

Member Q&A – Providing temporary accommodation due to an employee’s relocation

Question We have a staff member that has been appointed to a new role. The staff member currently works in...

ATO/General, Eligibility, FBT, Public

What does a change of Government mean for TaxEd members?

With a change of Government comes new policies and the scrapping of policies previously announced under the former Government (which...

Member Q&A – Lucky door prize won by an employee!

Question If a staff member attends a third party conference and wins a lucky door prize to the value of...

Employer paid or reimbursed road and bridge tolls – a bridge too far?

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

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