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
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