Fringe Benefit Tax (FBT) Strategies

It may be hard to believe that tax legislation can be used to save your company and your employees money. Thousands of dollars can be saved by your company through the effective use of the Fringe Benefits Tax Legislation – this is what is does!

Reditus will work with you in developing and implementing strategies for the reduction of FBT liabilities, Payroll On-Costs and Capital Expenditure Costs to your organisation.

All aimed at enhancing your bottom line! At Reditus, we make it easy for you.

Fringe Benefits Tax Assessments

Our first step is to assess and provide a strategic review of your existing employee benefits program. The fringe benefits applicable to each and every employee are thoroughly assessed, including motor vehicle usage plans, benefit inclusions and restrictions. From this assessment, we formulate a framework designed to maximise each employee’s remuneration and motor vehicle policies while adding to your business bottom line.

Fringe Benefits Tax Assistance

Our FBT consultants provide in-depth and comprehensive assistance to companies of any size in Brisbane and across Australia, including:

  • Advice on FBT and how it operates
  • Pinpoint calculations of your FBT liability
  • Identifying and valuing types of reportable fringe benefits
  • Various FBT exemptions and concessions
  • Implementing and maintaining a proper FBT record-keeping system
  • Ongoing FBT consulting services and updates in legislation changes