Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

FRINGE BENEFIT TAX

TD 2017/2 – FBT: RECORD KEEPING EXEMPTION THRESHOLD:

The small business record keeping exemption threshold for the 2017/18 FBT year is $8,393, ($8,286 applied in 2016/17).

TD 2017/4 – FBT: CENTS PER KILOMETRE BASIS:

The rates to be applied where the cents per kilometre basis is used for the 2017/18 FBT year in respect of the private use of a vehicle (other than a car) are:

ENGINE CAPACITY RATE PER KILOMETRE
0-2,500cc 53 cents
Over 2,500cc 63 cents
Motorcycles 16 cents

 

TD 2017/6 – FBT: NON-REMOTE HOUSING

The indexation factors to value, non-remote housing for the 2017/18 FBT year are:

New South Wales 1.024
Victoria 1.014
Queensland 1.005
South Australia 1.010
Western Australia 0.942
Tasmania 1.025
Northern Territory 0.933
Australian Capital Territory 0.998
author avatar
Bottrell Group
No comments yet.

Leave a Reply