Eligibility, FBT, Public
FBT and Eligibility – Cents per km rates
Have you factored in the 2020-21 car expense rates for FBT and Income Tax purposes respectively? FBT – cents per...
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FBT, Public
FBT Q&A – Reportable FBT in relation to motor vehicle benefit
Where a vehicle is used for full private use successively by different employees in an FBT year, does each employee...
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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....
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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...
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FBT, Public
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...
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