FBT

FBT

Salary Packaging

Special Edition

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...

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...

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 2021/2 (July 2021 Update and December 2021 Update) and particularly...

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....

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...

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...

ATO/General, FBT, Public

Employer-provided parking located near shopping centre car parks: Preparing for the new FBT car parking rules

We have previously covered recent changes to the ATO position regarding FBT and car parking fringe benefits – refer our...

Virgin Airlines & car parking: The odyssey continues

“Just when I thought I was out……they pull me back in!” – Godfather III. In our July 2021 Tax Update we...

FBT, Payroll, Public

Repayment of overpaid salary – can the minor benefit exemption apply?

It is not uncommon for an employee to be overpaid salary and subsequently enter into a repayment arrangement with their...

ATO/General, FBT, Public

Member Q&A – Employee internet upgrade costs, any FBT consequence?

Question In order to comply with COVID Public Health Orders , to allow employees to work from home, we incurred...

Charities, Commercial, Councils, FBT, Payroll, Public

Pooled cars and the Reportable Fringe Benefits exclusion

Pooled cars and the Reportable Fringe Benefits exclusion – when does it apply? One of more frequent Reportable Fringe Benefit...

ATO/General, FBT, Public

Member Q&A – FBT travel and ongoing working from home arrangements

Question We are looking at the option of providing ongoing working from home (WFH) arrangements to our corporate staff based...

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