Our Recent Blogs
Minor, infrequent and irregular use for an FBT exempt vehicle.
When an employer provides a vehicle to an employee, the issue of whether FBT applies will arise. Where a workhorse vehicle (e.g. single cab ute, panel van) has been provided to an employee, employers can rely on safe harbour treatment to treat the vehicle as meeting the requirements to be FBT-exempt.
Start thinking about your FBT obligations.
The 2023 FBT year ended on 31 March, so it is now time for employers to get ready to lodge their 2023 FBT returns, where they have provided benefits to their employees between 1 April 2022 and 31 March 2023.