FBT
Fringe Benefits Tax (FBT) is a tax payable by employers for benefits paid to an employee. FBT is separate from income tax and is based on the taxable value of the benefits provided. If your business provides fringe benefits to employees then you need to comply with the FBT system.
Our FBT expertise covers:
> Cars, car parking and re-imbursements
> Loans and debt waiver benefits
> Entertainment benefits
> Expense payments
> Housing benefits
> Living away from home benefits
> Property benefits
> Exemptions