Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

ATO Guide On FBT for Not for Profits


21 February 2005 at 12:02 pm
Staff Reporter
The Australian Tax Office has produced an extensive guide for employers on Fringe Benefit Tax with a special chapter on Not for Profits.

Staff Reporter | 21 February 2005 at 12:02 pm


0 Comments


 Print
ATO Guide On FBT for Not for Profits
21 February 2005 at 12:02 pm

The Australian Tax Office has produced an extensive guide for employers on Fringe Benefit Tax with a special chapter on Not for Profits.

If you are one of the following organisations, certain benefits that you (the employer) provide to employees receive concessional FBT treatment:

– public benevolent institutions (other than hospitals) and health promotion charities
– public and non-profit hospitals
– rebatable employers
– religious institutions, and
– non-profit companies.

Generally, benefits that Not for Profits provide to volunteers do not attract FBT.

The special chapter provides information specifically for
– Public benevolent institutions (other than hospitals) and health promotion charities
– Public and non-profit hospitals
– Rebatable employers
– Religious institutions
– Non-profit companies and
– Volunteers

The FBT Guide offers case studies and examples that Not for Profits can easily translate to their own employees.

If you would like an electronic version of the guide in WORD format just send an email with the words ‘ATO FBT 2005 Guide’ in the subject line to probono@probonoaustralia.com.au. (Please note this file will not include any graphics or images – they can be accessed online.)

The full FBT Guide (all 21 chapters for all employers) can be viewed at http://ato.gov.au/businesses/content.asp?doc=/content/fbt_guide.htm




Tags : Taxation,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS


YOU MAY ALSO LIKE

Leading the charge against bullying in Australia

Ed Krutsch

Friday, 4th October 2024 at 9:00 am

Innovating and change making in Cairns

Ed Krutsch

Friday, 27th September 2024 at 9:00 am

An Interview Guide for Interviewers

Johnson Recruitment

Friday, 27th September 2024 at 9:00 am

pba inverse logo
Subscribe Twitter Facebook
×