FBT

FBT

Salary Packaging

Special Edition

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...

FBT Q&A – Novated lease of an e-bike

Question We have recently had a number of staff enter into novated lease agreements for e-bikes. Given e-bikes are not...

FBT Q&A – Payment of employee legal fees

Are an employee’s legal fees which are reimbursed pursuant to a negotiated settlement in relation to termination of employment subject...

FBT – Car parking fringe benefits – ATO restatement of rules and expansion of the net

The ATO has released a draft ruling on car parking fringe benefits and a draft replacement chapter on car parking...

FBT Q&A – Staff attendance at sponsorship dinners

Does FBT apply to a meal consumed and travel undertaken by staff who attend an event sponsored by their employer?...

The FBT implications of end-of-year functions

Christmas employee functions will have varying degrees of lavishness. We look at some scenarios and assess their ‘Grinch’ risk. With...

FBT, GST, Public

GST and FBT – The tax consequences of gift giving

T’is the season for gifts – but are you also making a gift of GST or FBT to the Revenue?...

FBT Q&A – Dinner provided after all day training

Question We run a number of one or two day structured training courses for new recruits and existing staff wishing...

FBT Q&A – Relocation exemptions

In relation to employee relocation costs, what are the more common available heads of salary sacrifice? Question We have made...

FBT – Car parking fringe benefits – ATO restatement and expansion of the net

Heads up – the ATO has issued some revised material on car parking fringe benefits. Two recent ATO documents cause...

FBT – Road and bridge tolls – for whom does the FBT bell toll, employer or employee?

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