An introductory workshop that explains the background and establishment of FBT, the various sections of the Act, how to calculate the taxable value of a fringe benefit and an overview of the exemptions.
This session will also serve as an ideal introduction/refresher for those attending the other specific topic sessions in this FBT series.
- What is a ‘fringe benefit?’
- Interaction of GST and FBT
- How to calculate the taxable value of different categories of fringe benefits
- FBT exemptions, including minor benefits, and property consumed on premises on a workday
- Reductions in taxable value and the ‘otherwise deductible’ rule
- Special provisions that apply for PBIs, hospitals and rebatable employees
- Determining the reportable fringe benefits amount for employees
- FBT compliance - quarterly instalments and lodgement of FBT return
2 CPE/CPD hours
Presented by KPMG
Who should attend?
This is an introductory level session for:
> Graduate/junior accountants in SMEs
> Graduate/junior accountants in public practice
> Payroll/human resources staff
> Accountants/finance staff who would like an FBT refresher.
**Bonus Offer**
Chartered Accountants FBT & Salary Packaging Toolkit
This comprehensive set of resource materials will help supplement the Live Online Training Modules.
It will assist you to simplify the often complicated FBT maze. It will also assist in ensuring the correct amount of FBT is paid by your organisation.
A resource to use in your own time and assist you to retain the knowledge and skills to implement FBT strategically and effectively in your organisation.
Completely updated and revised to cover all the latest changes to FBT, this toolkit includes technical information, checklists, worked examples and guides, including:
- FBT basics
- Car benefits and car parking
- Entertainment
- Salary packaging
- Allowances & Exemptions
How the bonus works
> Purchase 1, 2 or 3 Live Online FBT Modules and received a 15% discount off the full price of the FBT & Salary Packaging Toolkit.
To take up the offer, purchase the toolkit here:
http://www.charteredaccountants.com.au/products/productid=A122172060
Note: The FBT & Salary Packaging Toolkit will be emailed to you in early February next year.
