Salary Packaging & Fringe Benefits Tax (FTB)

FBT can be a confusing and complicated area for employers and employees alike, however, there are many benefits to legitimately leverage FBT concessions.

We can assist in structuring employee salary packages to obtain significant savings whilst at the same time meeting your FBT obligations.

We are able to provide compliant and beneficial assistance to our clients with Fringe Benefits requirements including:

• Registration for FBT with the Australian Taxation Office
• Calculation of taxable benefits;
• Prompt and accurate recording of benefits on employee payment summaries;
• FBT calculations taking into account interactions with other taxes such as GST and other taxation obligations.
• Preparation and lodgement of annual FBT returns

Salary packaging advice

• Information in relation to salary packaging opportunities;
• Review of current salary packaging arrangements.

Please contact us should you wish to obtain further information.