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Disclaimer
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.

Document Type

Publication

Pages

226

Published

January 16, 2025

Notes Online Home 2025 FBT

This publication, as a whole, is available in HARDCOPY only.

The 2025 FBT Seminar notes cover the following topics:

•    What’s New For FBT In 2025
•    ATO Audit Targets In The 2025 FBT Year
•    A Practical Guide To Meal Entertainment
•    Car Fringe Benefits – Avoid Costly Mistakes And Get It Right
•    Salary Packaging And FBT Planning Opportunities

Chapters and Articles in 2025 FBT

Identifying When An Employer Is Providing Entertainment

Fundamentals Of Identifying When Food And Drink Constitutes 'Meal Entertainment'

Methods For Valuing Meal Entertainment

Recording Meal Entertainment On The 2025 FBT Return

Applying The Valuation Rules To Particular Events/Circumstances

What Are The Key Issues And Danger Labels For Employers In Relation To The 2025 FBT Year?

ATO Audit Attack On Benefits Provided To Employees By Third Parties

ATO Crackdown On Customer Loyalty Programs (E.g., Frequent Flyer Programs)

ATO Update Confirms Audit Offensive On Lifestyle Assets

Key Challenges For Employers Paying Living-Away-From-Home And Travel Allowances

Fundamentals Of Car Fringe Benefits

ATO Puts The Audit Spotlight On The Statutory Formula Method

An Essential Guide To Calculating The Taxable Value Under The Operating Cost Method

How To Identify If A Car Fringe Benefit Is A Type 1 Or A Type 2 Benefit

Innovative Planning Techniques For Cars That Save $'000s

Fundamentals Of Salary Packaging

FBT Concessions Allow Employers To Offer Tax-Effective 'Cost-Of-Living' Relief

Advanced Salary Packaging For Employees Earning More Than $60,000

FBT Planning Strategies For Directors, Executives And Business Owners

Employees Can Save $'000s By Salary Packaging Additional Super Contributions

Recent Case Unearths FBT Traps For Employers Paying Employee Travel Costs

ATO Update Highlights Tips And Traps With The $300 Minor Benefit Exemption

Latest Developments With Exempt Electric Cars In The 2025 FBT Year

Surprising Decision Confirms FBT Windfall For Directors/Owners Receiving Benefits

Car Parking Benefits - Critical Developments

New ATO Ruling Uncovers FBT Pitfalls With Employers Paying Education Costs

Latest Guidelines Confirm FBT Dangers With Family Businesses And FBT

Recent Advice Highlights FBT Bonus For Health Workers (E.g., NDIS) Receiving Benefits

An Essential Guide To The Updated Rates And Thresholds For The 2025 FBT Year