January 30, 2023

End of Fringe Benefits Tax Year is Fast Approaching!

The Fringe Benefit Tax (FBT) year ceases on 31st March 2023. 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 March 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 2022 to 31st March 2023).

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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