Fringe Benefit Tax and Salary Packages
Wherever you employ people, including owners in your own business, there is a need to consider Fringe Benefit Tax (FBT). Motor vehicles are large value items where you can reduce the liability with good record keeping.
Mobile phones, primarily for work related calls, and Living Away From Home Allowances and relocation expenses are great tax free opportunities. Contact us for more information on how to use FBT and salary packages to your benefit.
