bO2 2021 Ch 15 Fringe Benefits Tax (FBT)

James Murphy Tax

DEFINITION OF A FRINGE BENEFIT A fringe benefit is a benefit that is provided by an employer to an employee or their associate in respect of their employment. These benefits are not taxable to the employee; however, the employer may be liable to pay fringe benefits tax on the grossed-up amount of the value of the benefit. The Main Types ...

This content is accessible with a current product subscription; please log in or purchase to read further.