Fringe Benefits Tax

Empty restaurant being set up for service, a beautiful large green plant on the left hand side, beautiful brass coloured low hanging lights over the empty tables with wine glasses set out and outside on the right hand side window you can see boats docked

Fringe Benefits Tax

Fringe Benefits Tax Written by: Dale Knight l Accounting Team!   Would you believe Fringe Benefits Tax has been around since 1986!  Whilst originally conceived to target cars, travel and restaurants meals for executives, business owners should be of the obligations, opportunities, and the risks that FBT poses. As a business owner, you could be liable …

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Canny Group are your expert accountants when it comes to the Christmas season and Fringe Benefits Tax

Christmas + FBT

It’s coming up to the Christmas holiday period which means scheduling the staff Christmas party and purchasing gifts for your employees, but as we skip into the month of December, it’s important that we remember what is deductible in relation to gifts and entertainment provided and how fringe benefits tax [FBT] relates with these actions. …

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