Fringe Benefits Tax (FBT) is a tax that employers pay on certain non-cash benefits provided to employees (or their associates, such as family members) instead of salary or wages. It is separate [...]
If you are considering Christmas presents for your staff or clients this year, the below table summarises the FBT, income tax and GST consequences: Type of Gift Gifts to employees and [...]
Fringe benefits tax (FBT) is a tax employers pay on certain benefits they provide to their employees – including their employees’ family or other associates.