Fringe Benefits Tax (FBT) Services
In today’s competitive business environment, offering attractive employee benefits is essential for recruiting and retaining top talent. However, with these perks come specific tax obligations that can be complex and time-consuming. Without proper management, FBT can become a significant financial burden and lead to compliance issues. Understanding and managing Fringe Benefits Tax (FBT) is crucial for businesses that want to offer competitive packages while remaining compliant. At Ample Finance, we help businesses navigate these FBT requirements seamlessly, ensuring you minimize tax liabilities and adhere to the Australian Taxation Office (ATO) standards. Our experts provide tailored advice and solutions to make your benefits strategy efficient and compliant.
What is Fringe Benefits Tax (FBT)?
FBT is a tax employers pay on certain non-cash benefits provided to employees or their associates (e.g., family members). These benefits can include:
✔ Company cars for private use
✔ Entertainment expenses (meals, events, holidays, etc.)
✔ Discounted loans or financial assistance
✔ Housing & accommodation allowances
✔ Salary packaging arrangements
How Ample Finance Can Help
Managing FBT obligations can be complex, but our expert accountants ensure you meet all compliance requirements while minimizing your tax burden. Our Fringe Benefits Tax Services include:
✅ FBT Registration & Compliance – Helping you register for FBT and ensuring you meet all ATO obligations.
✅ FBT Return Preparation & Lodgement – Accurately calculating and lodging your FBT returns on time.
✅ FBT Exemptions & Concessions – Identifying eligible exemptions and reducing unnecessary tax liabilities.
✅ Salary Packaging & Tax Planning – Structuring benefits in a tax-efficient way to maximize savings.
✅ FBT Audit & Risk Management – Ensuring your business remains compliant and audit-ready.
Ensure Compliance & Reduce Your FBT Liabilities
With over 25 years of experience in taxation and business advisory, Ample Finance helps businesses navigate the complexities of Fringe Benefits Tax with confidence. We ensure you meet all FBT obligations while optimizing your tax position.
Contact us through email at info@amplefinance.com or book an appointment or call (03) 9988 2911 for a FREE 30-minute consultation and let us help you simplify your FBT compliance!
