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Notes Online Home 2016 FBT Other Developments for FBT in 2016/2017
NTAA guide to the FBT rates and thresholds for the 2016 FBT year
In this section of the notes we look at the NTAA guide to the FBT rates and thresholds for the 2016 FBT year. In particular, the following:
- FBT rate and gross-up rates for 2016 FBT year
- Capping thresholds for 2016 FBT year- Hospitals, PBIs, rebatable employers, etc.,
- Certain FBT exemptions and reductions – threshold amounts for the 2016 FBT year
- FBT reportable benefits threshold for 2016 FBT year
- Benchmark interest rate for 2016 FBT year
- Reasonable food and drink component of LAFHAs (within Australia) for the 2016 FBT year
- Non-remote area housing – indexation factors
- Car parking threshold from 1 April 2015
- Taxable value of motor vehicles which are not cars
- Record-keeping exemption threshold for 2016 FBT year