Seminars

7. LOAN AND DEBT WAIVER FRINGE BENEFITS

*How to identify when a loan fringe benefit exists
*Exempt loan fringe benefits
*Calculating the taxable value of loan fringe benefits
*Common circumstances where loans are provided including salary overpayments, uniforms, tools and equipment, computers’
*Reductions in value
*How to identify when a debt waiver fringe benefit arises
*The importance of ‘ordinary course of business’
When you can and cant write off debts owing by employees
*Jointly provided loan fringe benefits
* Substantiation requirements
* Other reductions in taxable value