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FBT red flags marked by ATO for 2019 lodgement

FBT red flags marked by ATO for 2019 lodgement

The ATO has listed six items relating to fringe benefits tax that will attract its attention this year, with tax practitioners urged to remind clients of their obligations.

  • Shared by Accountants Daily
  • April 10, 2019
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Car fringe benefits will be a top item that will attract the Tax Office’s attention this year, with the agency warning against failing to report benefits, incorrectly applying exemption for vehicles or incorrectly claiming reductions for these benefits.

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