by Cindy Su | Sep 2, 2024 | All, Business
What is Fringe Benefits Tax (FBT)? Fringe Benefits Tax (FBT) is a tax that you, as an employer in Australia, must pay when you provide certain benefits to your employees or their associates, such as family members. These benefits, known as “fringe...
by Cindy Su | Mar 21, 2024 | All, Business, News and Updates
What is Fringe Benefits Tax (FBT)? Fringe Benefits Tax, commonly known as FBT, is a tax employers pay on certain benefits they provide to their employees, including their employees’ family or other associates. The benefit may be in addition to, or part of, their...
by Cindy Su | Dec 13, 2022 | All, Business
Tax on Christmas Party / Should you pay tax if you get a cash gift? Christmas is a busy time for small businesses – amongst other things, many may be thinking about giving gifts to employees to boost morale for a successful start to the New Year. Perhaps a loud...
by Chan & Naylor | May 25, 2020 | Tax and Accounting
Fringe Benefits Tax exemptions are now available for Australian businesses affected by the COVID-19 pandemic. To provide certainty and relief to businesses at this time of pandemic, the Australian Taxation Office (ATO) has introduced various tax measures, and of these...
