What is FBT (Fringe Benefits Tax)?
FBT (Fringe Benefits Levy) is a tax imposed on firms who provide additional benefits to employees and their associates to augment their revenue.
Is it required by me To Lodge an FBT Return?
You must file an FBT return if you provide individual employee fringe benefits that go beyond $2,000 during the FBT year or if you furnish a motor vehicle (or car) to an employee.
FBT Return Due Date.
The FBT (fringe benefits tax) year goes on from 1 April to 31 March. If you have an FBT liability during this course of time, you must file an FBT return by 21 May.(please check)
Awards & Accreditations.
Taxcellent Consulting Services Services’ small business accountants are proudly recognised by the following accreditations and awards
“lawtax360 AS has been outstanding to work with and has been instrumental in our business growth in the last 3 years. We have worked with other accountants and advisers in the past that will complete our accounting work but no more and do not understand our business and industry. lawtax360 AS, on the other hand, understand our goals and map out strategies for growth. They go above and beyond and come up with key issues we would never have known about.”
“Davie and his team has helped our startup get off the ground, it has brought peace of mind knowing that the accounting side of our business can be taken care of while we can focus on our business. Being able to have him and the team contactable to ask questions about accounting best practices or other accounting related questions has allowed us to focus on providing value to our own customers.”
“We first engaged Lawtax360 AS for advice on the business acquisition and liaising with financiers, solicitors and the vendor. The team at Lawtax360 AS is highly professional, knowledgeable, committed and hard-working. We were really happy with the initial service that we decided to continue our engagement with a month to month accounting service.”
