Car parking fringe benefits and arm’s length valuation
The ATO has announced that from February it is intending to contact a selection of business taxpayers that provide car parking benefits to their employees,…
Fringe Benefits Tax
Read MoreCar parking fringe benefits and arm’s length valuation
Three wise FBT tips for Christmas
Employers know that popping a champagne cork or two to celebrate the festive season lets staff know their efforts are appreciated, but the well-prepared business…
An FBT reporting exclusion for personal security concerns
The ATO has plans in place that it can put into operation to relieve certain employers from reporting all the fringe benefits they provide to…
FBT returns, employee declarations, and a looming deadline
An employee declaration is written advice given to an employer by their employee containing information relating to the fringe benefits staff have received. A business…
FBT’s hot issues targeted by the ATO
If you are an employer, you may appreciate knowing what the ATO is looking out for, and the fringe benefits you’re expected to report, so…
Three-quarter FBT year compliance check-up
As the FBT year runs from 1 April to 31 March, the months of October to December marks the “third quarter” of the FBT year,…