Fringe Benefits Tax
ATO contact regarding business cars and Fringe Benefits Tax (FBT) The ATO has recently advised that it will be contacting taxpayers (and tax agents on behalf of their clients) that Read More…
Christmas Parties & Gifts 2018
Year-end (and other) staff parties With the well earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event. However, Read More…
EOFY car claims
ATO scrutinising car claims this tax time The ATO has announced that it will be closely examining claims for work-related car expenses this tax time as part of a broader Read More…
2018/19 FBT year
New FBT rates for the 2018/19 FBT year ATO has released Taxation Determinations setting out rates for the FBT year commencing 1 April 2018. FBT: Benchmark interest rate The benchmark Read More…
Entertainment and fringe benefits
The provision of entertainment means the provision of: entertainment by way of food, drink or recreation accommodation or travel in connection with, such entertainment. Entertainment includes, for example: meals and Read More…