Why us?
Because we can make a difference in your ITR
Fringe benefits tax (FBT) is a tax employers pay on certain benefits provided to their employees, their employees' families, or other associates.
As an employer, you must self-assess your FBT liability for the FBT year (1 April to 31 March). If you have an FBT liability, you must lodge an FBT return and pay the FBT you owe.
FBT returns can be complicated and tedious, and highly dependent on the benefits you provide for your employees. Examples include:
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allowing an employee to use a work car for private purposes
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car parking
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paying for an employee's gym membership
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providing entertainment by way of free tickets to concerts
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Reimbursing an expense incurred by an employee, such as school fees
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Giving an employee a discounted loan
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Giving benefits under a salary sacrifice arrangement to an employee
...and so much more.
Our team of accountants specialise in identifying the benefits you offer to your employees and ensures they are included in your FBT return.
Starting at just $220, speak to our team now to get a tailored solution for your accounting problems.