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March 19, 2021

End of Fringe Benefits Tax Year is Here!

The Fringe Benefit Tax (FBT) year ceases on 31st March 2021. It is very important for your business to carry out an assessment to identify any possible FBT related issues.

Our assessment process was established to help in the identification of any potential FBT issues and where possible, reduce or eliminate any potential FBT liability. Please keep an eye out in the next couple of weeks as we will be sending out a questionnaire to you so you can advise us of which benefits, if any, were provided for the FBT year (1st April 2020 to 31st March 2021).

In the meantime, if you have any questions in relation to FBT and how it may impact your business please do not hesitate to contact Mark Hann of our office on 9387 5637.

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