Monthly update, April 2022

FBT year-end checklist

March 31 marks the end of the 2021/2022 fringe benefits tax (FBT) year which commenced 1 April 2021. It’s time now for employers and their advisors to turn their attention to instances where non-cash benefits have been provided to employees, and also where private expenses have been paid on their behalf.

This issue reflects the law when it was published. Tax and super rules change often, so please call us before acting on anything in it.