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These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
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Notes Online Home 2018 FBT NTAA’s 2018 FBT Audit survival guide
In this chapter of the seminar notes will look at the NTAA’s 2018 Audit survival guide, under the following broad headings:
- How does the ATO identify all fringe benefits provided during an FBT year?
- NTAA guide to the traps and tips associated with preparing the 2018 FBT return
- ATO uncovers FBT sting with benefits provided by contractors, suppliers and clients
- ATO audit offensive on employer declarations – Mistakes will be costly
