Fringe Benefits Tax (FBT) is a tax that is levied on the non-cash benefits provided to employees in addition to their salary or wages. FBT is a separate tax…
Car Salary Packages, FBT, and the Deductibility of After-tax Running Costs
By: Steve Burnham
Including a car in a salary package is a popular remuneration arrangement, and doing so as part of a salary sacrifice package will often give rise to…