30 March 2024

Recent and proposed law changes In-house fringe benefits
8 May 2014

Under the FBT law, there are different types of benefit that may be provided by employers to employees (or their associates) where the employer is in the business of providing the same or similar goods and services to their customers. These benefits are known as in-house benefits. The law allows for such in-house benefits to be concessionally taxed.

Changes have been made to these concessions. Under these changes, the concessions no longer apply to in-house benefits provided under a salary packaging arrangement on or after 22 October 2012. However, transitional rules may apply to arrangements entered into before that date for benefits provided up to 31 March 2014.

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