![]() © Australian Taxation Office for the Commonwealth of Australia If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. Check which work-related items are exempt from FBT, such as portable electronic devices and tools of trade. There is a limit of one item per employee in an FBT year for items that are basically the same, unless it is a replacement item. The following work-related items are exempt from FBT where they are mainly used for work purposes: End of example Software, protective clothing, tools of trade The employer may have to pay FBT on the second device. If the business did not meet the small business test it may be able to claim an FBT exemption for only the first device because both could have substantially identical functions. ZYA Conveyancing can claim an exemption for both devices even though they have substantially identical functions. ZYA Conveyancing, which is an eligible small business for the purpose of the portable electronic devices exemption, provides an employee with a laptop on 10 April 2021 and a tablet on 25 February 2022 for work-related use. portable global positioning system (GPS) navigation receivers.can operate without an external power supply.is easily portable and designed for use away from an office environment.A small business is a business with an aggregated turnover of less than $50 million in an income year that starts or ends in the relevant FBT year.Ī portable electronic device is a device that: ![]() However, small businesses can provide employees with more than one work-related portable electronic device in an FBT year – even if they have substantially identical functions. The exemption applies to one item per FBT year for items with a substantially identical function (unless it is a replacement item). Portable electronic devices that are mainly used for work purposes are exempt from fringe benefits tax (FBT). Software, protective clothing, tools of trade.
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