FBT

FBT

Salary Packaging

Special Edition

FBT – Expansion of the taxi travel fringe benefit exemption

There has been a retrospective legislative change that includes ride-sourcing in the FBT exemption relating to taxi travel. Section 58Z...

FBT – Why don’t PBIs and other s. 57A employers pay FBT on non-salary packaged meal entertainment?

Being an employer within s. 57A of the Fringe Benefits legislation gives rise to an unexpected favourable outcome. One of...

FBT – Reportable Fringe Benefits and the pooled or shared car exclusion

Certain FBT benefits in relation to pooled cars are excluded from an employee’s payment summary or income statement under STP....

FBT Q&A – Employee contributions towards meal entertainment

What is the FBT relevance of employee contributions towards meal entertainment? Question We are a tax-exempt body and do not...

FBT Q&A – Payment of employee visa costs

Is reimbursement of a visa application cost subject to FBT? Question We have recently employed a new staff member and...

FBT year-end tips

Some readers will be working towards the FBT return COVID-19 lodgement deadline of 25 June 2020. A few FBT year...

FBT – Hire Cars: When is a car benefit not a car benefit?

Providing an employee with a hire car raises the questions of whether a benefit is provided and if so how...

FBT Q&A – Benefits to employees that have been stood down

Is a person whom an employer has stood down due COVID-19 an employee for FBT purposes during the period of...

FBT – COVID-19 impact on certain FBT issues

Below, we provide answers to some questions arising where COVID-19 meets FBT. The unique times we find ourselves in will...

FBT Q&A – How are private trips in a ‘workhorse vehicle’ treated where an employee is provided with accommodation by the employer on Monday to Friday but returns ‘home’ on the weekend?

Question How are private trips in a ‘workhorse vehicle’ treated where an employee is provided with accommodation by the employer...

FBT – Application of kilometre limits in PCG 2018/3 in determining whether non-home to work private travel is minor, infrequent and irregular

How do the kilometre limits in PCG 2018/3 apply when determining whether non-home to work private travel is minor, infrequent...

FBT – Government not to implement Productivity Commission’s recommendations on remote tax concessions

Attendees at TaxEd’s FBT seminars have been particularly interested in Productivity Commission’s findings and recommendations relating to the Zone Tax...