Author Description

This first edition of the Australian Essential Guide to FBT provides a concise and up-to-date explanation of how FBT works and how to deal with it in practice. Topics covered include: Introduction and overview of FBT Employee contributions Types of fringe benefits including car benefits, car parking benefits, loan and debt waiver benefits, expense payment benefits, housing benefits, living-away-from-home allowance benefits, property benefits, residual benefits, entertainment benefits and board benefits FBT rebates Exemptions, reductions and concessions Records and administration, and Salary packaging. The FBT law stated in this edition is current as at 31 March 2022.