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Fringe Benefits Tax 2021

Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours…

Christmas goodwill

Gift giving In November 2010, Clive Palmer reportedly gave 750 long term employees of the Yabulu Refinery luxury overseas holidays for two for Christmas.  Fifty of his most valued employees received a new Mercedes Benz.…

Changes to FBT arrangements

The Prime Minister and the Treasurer have announced that the Government will change the FBT arrangements relating to motor vehicles as part of the saving measures to fund the proposed changes to the Emissions Trading…

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