Recent ATO announcements have made it clear that the ATO has ‘taken the gloves off’ and are now devoting significant resources to FBT compliance. Making matters worse, there have been a number of significant developments that have complicated the process of preparing the 2018 FBT Return. We cut through the difficulties and provide straight-forward solutions for the challenges confronting employers in the 2018 FBT year. Which fringe benefits are under the ATO’s microscope for the 2018 FBT year?
- ATO announces audit taskforce targeting benefits provided by contractors, clients and suppliers
- ATO uncovers massive problems with employers disclosing meal entertainment on the FBT Return under the NEW rules
- ATO highlights concerns with employee declarations and FBT paperwork – Find out who’s in the firing line
- How does the ATO identify all fringe benefits when undertaking an FBT...