As an employer, when you provide vehicles like sedans, station wagons, or passenger vans for your employees’ private use, you might be offering a car fringe benefit. This applies to... read more →
For businesses in Australia, providing fringe benefits to employees can be a valuable way to attract and retain talent, as well as incentivise performance. However, employers need to understand their... read more →
For businesses operating in Australia, navigating the intricacies of the Fringe Benefits Tax (FBT) is essential to ensure compliance with tax regulations and minimise financial liabilities. FBT is a tax... read more →
A company car, travel expenses, workplace discounts. These are a few of the ways that your business can reward employees (or provide a bit of a perk throughout the course... read more →
Starting from July 2022, the Australian Government has implemented a new law called the Electric Car Discount Bill. It provides a Fringe Benefit Tax exemption for eligible electric vehicles, which... read more →
At the end of the year, you may be looking for extrinsic ways to thank your hardworking employees or faithful customers/clients.A work Christmas/end-of-year party may be a method employed by... read more →
You may have heard a lot of buzz in the news regarding electric cars. What was once a car for the elite is now a far more common sight on... read more →
It's Fringe Benefits Tax Time The end of the FBT year is fast approaching, and it is a good time to reflect on your FBT plans for 2019-20. Fringe benefits... read more →
It's Fringe Benefits Tax Time The end of the FBT year is fast approaching, and it is a good time to reflect on your FBT plans for 2018-19. Fringe benefits... read more →
Late last year saw the Australian Tax Office (ATO) develop a safe harbour for car fringe benefits. A safe harbour is a guideline that allows Australian businesses to make use... read more →