Fringe Benefits Tax
Since its inception in 1986, calculating FBT has become highly technical and complex. With extensive experience in guiding businesses through FBT, we offer pragmatic, straight forward advice and assistance around:
- The FBT treatment of specific benefits and opportunities to potentially reduce liability
- Your systems and compliance processes
- Annual FBT compliance obligations – including reviewing and/or preparing your FBT return
- FBT software to support return preparation
- Identifying available exemptions and concessions associated with employees living away from home
Azure Group provides effective salary packaging for taxable, concessional and exempt benefits provided to employees of either private sector and not-for-profit employers and examine the interaction between GST, FBT and non-deductible expenditure for income tax.
We specalise in identifying and valuing reportable fringe benefits and keep up to date on recent changes to legislation, latest rulings and ATO audit matching process.
Does your business have an FBT Liability? Contact us to speak with a representative from our Taxation Division to understand how we can help identify for your business.
