FRINGE BENEFIT TAX
Fringe Benefits Tax (FBT) applies to the provision of a range of non-wage employee benefits, including travel and expenses. The FBT system carries a number of reporting and compliance obligations that Murray Nankivell can advise on and help you in meeting.
Apart from giving general advice on the impact and amount of FBT you're required to pay, Murray Nankivell also assists many businesses with various FBT requirements including preparation, review and lodgement of returns.
Our team can streamline the FBT process by helping you:
- understand how FBT works
- identify when a fringe benefit is provided
- access available exemptions
- report and lodge your FBT
- provide information to communicate with your employees
- liaise with the Australian Taxation office on FBT matters.
Murray Nankivell will help you to ensure that you're meeting your FBT obligations, while minimising its impact.
LEGAL
Liability limited by a scheme approved under Professional Standards Legislation.
Investngro Pty Ltd ABN 53 113 102 695 trading as Murray Nankivell Financial Planning, is an authorised representative of Count Financial Limited ABN 19 001 974 625 holder of Australian financial services licence number 227232 (“Count”). Count is owned by Count Limited ABN 111 26 990 832 of GPO Box 1453, Sydney NSW 2001. Count Limited is listed on the Australian Stock Exchange. Any taxation and accounting services are provided by Murray Nankivell and are not within the authority Count. The information on this web site is not financial product advice and is provided for information only.