FBT Solutions

Interested in Salary Packaging?

Yes, I'm an employer  Yes, I'm an employee

Call: 02 8079 2924

In House Benefits

Planning is well under way for our 2013 FBT Return Seminars. Register here:  http://www.fbtsolutions.com.au/pdf/fbt_return2013_seminar.pdf

The 2013 FBT returns will be a big challenge for those providing LAFHA. There will be many transitional issues to analyse and relocation costs to understand.

Day Date Time Topic City Early Bird Price – Register by Friday 25 January 2013 After 25 January 2013
Thursday 14-Mar-13 8.45am – 4.45pm Preparing Your 2013 FBT Return Melbourne $550 $660
Wednesday 20-Mar-13 8.45am – 4.45pm Preparing Your 2013 FBT Return Sydney $550 $660
Wednesday 27-Mar-13 8.45am – 4.45pm Preparing Your 2013 FBT Return Brisbane $550 $660

Register here: http://www.fbtsolutions.com.au/pdf/fbt_return2013_seminar.pdf

Further details:paul.mather@fbtsolutions.com.au

FBT focus areas

  • Non-compliance with FBT lodgement obligations – focus on employers who have outstanding FBT returns
  •  Employers incorrectly claiming the FBT rebate – the ATO continue to identify employers who have claimed the rebate but did not appear to be a “rebatable employer”.
  • Car fringe benefits – the ATO continue to perform data matching and carry out active compliance risk reviews.  High risk high value motor vehicle cases and claiming of the car investment allowance are key focus areas. Overall, cars remain the highest risk area.
  • In-house and exempt benefits – reviews are being undertaken to see whether employers are correctly interpreting the legislation relating to in-house benefits and the conditions applicable to certain exemptions
  • Living-away-from-home allowance – further work on the LAFHA reasonable compensation project has been put on hold pending the outcome of the Government’s announced reforms to living-away-from-home allowance and benefits.