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Notes Online Home 2019 FBT The ATO’s 2019 FBT audit hot spots
Audit traps associated with employers paying employee home internet costs
Within this section of the seminar notes we will address the audit traps associated with employers paying employee home internet costs. More specifically:
- Is the payment or reimbursement of an employee’s internet expenses exempt under S.58X?
- What type of benefit is provided where an employer pays or reimburses an employee’s internet expenses?
- How does the otherwise deductible rule apply to the payment or reimbursement of home internet costs?
- Can an employer apply the minor benefit exemption to an employee’s internet expenses?
- Other options for employers who are concerned about the FBT exposure of employee internet costs