What are exempt fringe benefits?An exempt benefit, often referred to as an "exempt fringe benefit," is a type of benefit that is not subject to Fringe Benefits Tax (FBT). While they are commonly...
Exempt Fringe Benefits
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FBT Articles
Living Away From Home Allowance (LAFHA)
Contents What is a living away from home allowance? Living away from home allowance versus travel allowance Eligibility for a living away from home allowance Steps for administering LAFHA payments...
Housing Fringe Benefit
A housing fringe benefit occurs when an employee is offered a place to live without charging them rent or at a lower cost than usual. This applies when the provided accommodation is where the...
Car FBT
A car fringe benefit occurs when an employer offers an employee the opportunity to use a vehicle for personal reasons, resulting in a taxable benefit for the employee. This applies particularly...
Salary Packaging – Salary Sacrifice
Contents What is salary packaging? How does FBT work? Packaging FBT exempt benefits Otherwise deductible benefits Concessionally taxed fringe benefits Employers with concessional FBT treatment What...
Fringe Benefits Tax (FBT)
The Fringe Benefits Tax Assessment Act 1986 (“FBT Act”) provides that where a benefit is provided by an employer to an employee (or associate) in respect of his or her employment, the employer (not...