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Tag : Fringe Benefits Tax

Let’s make 1 April 2021 the start of a happy new year

Contributor, Thursday, 11th February 2021 -  Transitioning to a new salary packaging provider can easily be achieved at the start of the FBT year. 2021 is no different. Now is the time to act. The start of the new fringe benefits

NFPs Encouraged to Take Part in Fringe Benefits Tax Review

Luke Michael, Monday, 20th August 2018 -  Not for profits are being encouraged to take part in a review examining compliance costs of the Fringe Benefits Tax (FBT), with an aim of reducing the regulatory burden for the social

Fringe Benefits Tax Legislation Passes

Staff Reporter, Thursday, 26th November 2015 -  Australian Not for Profit organisations face new rules on fringe benefits tax entertainment caps, following the approval in both houses of Parliament this week. “Lobbying…

Not for Profit FBT Calculator

Lina Caneva, Thursday, 30th July 2015 -  The Australian Taxation Office has released a Not for Profit Fringe Benefits Tax calculator suitable for use on mobile devices. The ATO said the calculator allows Public Benevolent…

EXCLUSIVE: NFP Tax Concession Report Revealed

Staff Reporter, Tuesday, 25th February 2014 -  A report into charity tax concessions that was buried after the Gillard Government lost office has been released under Freedom of Information and includes a call for the extension…

Community Sector Outlines National Tax Forum Wishlist

Staff Reporter, Tuesday, 4th October 2011 -  The Australian Not for Profit sector is calling on participants at the National Tax Forum to work together on finding solutions to housing affordability, ageing population, workforce…

FBT Changes Threaten Charity Workforce

Staff Reporter, Thursday, 15th April 2010 -  A former Keating economics advisor has warned the Federal Government that changing the current tax concession for charity workers could result in a mass exodus from the Not for Profit…

Draft Report Raises Fears Over FBT Exemption Removal

Staff Reporter, Monday, 21st December 2009 -   ACFID claims that without FBT exemption, many NFPs would face acute financial difficulty. 
In its submission, ACFID accuses the draft report of taking for granted…
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