Updates and Changes to Fringe Benefits Tax (FBT) in 2022-2023
This following article outlines some of the key developments in Fringe Benefits for the 2022-2023 Fringe Benefits (FBT) year. 1. Working From Home You may have provided employees with items to allow them to work from home (or from another location). Some items will usually be exempt from FBT if they are primarily used by […]
ATO announces changes to working from home deductions
From 1 July 2022 the ATO has revised the working from home deduction fixed rate to 67 cents per hour from the previous 52 cents and 80 cents per fixed rate methods. This fixed rate covers the following expenses that can’t be claimed separately. Telephone and internet expenses Electricity and gas cooling and lighting Stationery […]
