Until recently, the FBT consequences for providing electric cars to employees were effectively the same as any other …

The 2023 FBT year ended on 31 March, so it is now time for employers to get ready …

Legislation to make certain electric vehicles exempt from Fringe Benefits Tax (‘FBT’) has now been enacted into law.
Certain …

The ATO has proposed for individual taxpayers that use the cents per kilometre method when calculating tax deductions …

Recent legislative amendments mean that employers who provide training or education to redundant (or soon to be redundant …

The car parking threshold for the FBT year commencing on 1 April 2021 is $9.25.
This replaces the amount …

Following a successful multi-year pilot, the ATO’s small business independent review service will be offered permanently as a …

The ATO has updated its webpage containing the fringe benefits tax (‘FBT’) rates and thresholds for the 2017/18 …

The government has announced it will introduce an exemption from FBT for retraining and reskilling benefits provided by …

Where businesses provide car parking fringe benefits to their employees, the taxable value of these benefits must be …