With the short turnaround time to prepare the fringe benefits tax returns, it’s critical businesses have appropriate policies in place and ensure they accurately capture, code and consider fringe benefits within their fringe benefits tax return.
This checklist can help you determine whether you have provided any potential fringe benefits to your employees. Download the list and if you have answered ‘yes’ to any of the questions, you may have an Australian FBT liability and may be required to lodge an Australian FBT return. Inside you will find a link to our Road To a Successful FBT Return eBook to guide you through the Australia specific requirements.