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Tag: fringe benefit tax

The Fringe Benefit Tax traps

March 14, 2024 Paul Siragusa
The Fringe Benefits Tax Traps

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention. Electric vehicles causing sparks In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles to employees without incurring the 47% fringe benefits tax (FBT) on private use. The
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TAX DEDUCTION, TAX STRATEGIES fringe benefit tax, tax, tax traps

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