Fringe Benefits Tax (FBT) and Salary Packaging
The 2011 Federal budget signaled significant changes to the way Fringe Benefits Tax will be calculated on the use of motor vehicles. Traditionally, motor vehicles have formed an essential part of many remuneration packages and it was initially feared that the changes to the legislation would make it prohibitive for employers to use this carrot … Continue reading Fringe Benefits Tax (FBT) and Salary Packaging
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