FBT Seminar Notes - February 2012

Notes from the 'Fringe Benefits Tax 2012' seminar include the powerpoint presentation and a CD containing a 2012 FBT checklist, interactive proforma declarations and Car Salary Packaging Ready Reckoner.   

The following content is covered in detail: 

• How do the new rules for calculating car fringe benefits apply?
• What determines whether the new or old rules should apply?
• The effect of the new car fringe benefits tax rules on salary packaging
• Consideration of the new ruling TR 2011/3 dealing with 'cost price' of a car for FBT purposes
• Why is the Tax Office attacking LAFHA arrangements - how should the rules be applied?
• The FBT implications for employers providing iPhones, iPads and similar technology to employees
• Dealing with meal entertainment - the implications of the actual, 50/50 and 12 week register methods
• The minor benefit exemption -
  • when will the annual Christmas gift or function for staff be exempt
  • will the 'employee of the month' gift be exempt?
• Understand how the FBT 'paper war' can be won by the employer (and receive on disk standard form declarations which satisfy legislative requirements)
• Receive a comprehensive analysis of all the significant Tax Office FBT announcements during the year.

To take an in-depth look at the content covered in the notes, click here.