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...
Car FBT
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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...
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...
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...
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