Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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A legislative fix has been proposed to solve a discrepancy within the current Fringe Benefits Tax Assessment Act that prevents ride-sourcing vehicles from qualifying for FBT exemptions.
Last week, Treasury released the exposure draft Treasury Laws Amendment (Measures for a later sitting) Bill 2019: Miscellaneous Amendments, seeking to replace the word “taxi” within the FBT Assessment Act and substitute it with “a card used for taxi travel (other than a limousine)”.
Read more at the Accountants Daily.