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Notes Online Home 2023 FBT What’s new for FBT in 2023
NTAA guide to the updated rates and thresholds for the 2023 FBT year
In this segment of the seminar notes we look at the NTAA guide to the updated rates and thresholds for the 2023 FBT year. In more detail:
- FBT rates and gross-up rates for the 2023 FBT year
- Capping thresholds for the 2023 FBT year – Hospitals, PBIs, rebatable employers, etc
- Certain FBT exemptions and reductions – threshold amounts for the 2023 FBT year
- FBT reportable benefits threshold for the 2023 FBT year
- Benchmark interest rate for the 2023 FBT year
- Reasonable food and drink component of LAFHAs (within Australia) for the 2023 FBT year
- Non-remote area housing – indexation factors
- Car parking threshold from 1 April 2022
- Taxable value of motor vehicles that are not cars
- Record-keeping exemption threshold for the 2023 FBT year