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If you provide benefits to your employees or to your employees’ family or associates then you may be required to pay Fringe Benefits Tax (FBT). Along with providing you with a comprehensive overview of the types of Fringe Benefits that may be provided and when a Fringe Benefit arises, Progue can also assist you in:
- Calculating the taxable value
- Calculating the total FBT liability of an employer
- Taking advantage of FBT exemptions
- Applying reductions in taxable value
- Reducing FBT payable
- Preparing FBT returns and calculating the reportable amounts
For further information please visit our FBT Tax Facts, or alternatively contact us.