FBT is the tax nobody enjoys — us included. But give staff a car, shout the Christmas do, or throw in a few perks and it can apply. We work out whether you owe it, lodge the return, and find ways to keep it down.
Look after your team and the ATO wants a word. Fringe Benefits Tax lands when you give employees something other than plain wages — a work ute they drive on weekends, meals and entertainment, gym memberships, the odd gift. Plenty of Bendigo small businesses don’t owe a cent, but you won’t know until someone actually runs the numbers. That’s us. We check what you provide, work out whether there’s a real liability, and make sure the paperwork stacks up if the ATO ever asks.
A work car that gets used privately is the number-one FBT trigger for small business — and the calculation method you pick makes a real difference to the bill. We tie your FBT into your wider business tax returns and business advice, so it’s never a nasty surprise bolted on in autumn. One team, one plan, no jargon — and the fee told to you first.
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