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Fringe Benefits Tax (FBT) Explained 

TwelveAccounting
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Understand Fringe Benefit Tax for businesses. Any questions, please email info@twelve.com.au

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24 июл 2024

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Комментарии : 30   
@row0111
@row0111 2 года назад
The best way to not worry about FBT is to not give your employees anything. Thanks ATO.
@mh017509
@mh017509 Месяц назад
And this is exactly what they want.
@janedupreez3868
@janedupreez3868 2 года назад
Thank you, that is the best explanation, both logical and straightforward, I have come across while studying!
@mnifutz05
@mnifutz05 3 года назад
Appreciate the time and effort you took to upload this vid. Very informative
@cliveradvan3414
@cliveradvan3414 Год назад
Great presentation. Who would have thought accounting could be so engaging!
@rakeshgirdhar7573
@rakeshgirdhar7573 3 года назад
Thank you Derek. Explained so well.
@ducklandswimschool767
@ducklandswimschool767 3 года назад
Excellent Video. Clear and precise explanation
@anthonygirdler606
@anthonygirdler606 2 года назад
Great video. Naturally amusing.
@pram3918
@pram3918 6 месяцев назад
Thanks Derek! Great presentation
@Kongkim0123
@Kongkim0123 3 года назад
Best explanation!! Thank you so much !!
@tarunvelk1385
@tarunvelk1385 3 года назад
Wow, this content is amazing Thanks man for sharing this video. Will help me tomorrow for my taxation exam. FBT I am coming...
@TwelveAccounting
@TwelveAccounting 2 года назад
How did you go?
@sonnyhoang2731
@sonnyhoang2731 3 года назад
Great video
@abhishemahajan1048
@abhishemahajan1048 Год назад
Really good video
@noornoor9278
@noornoor9278 3 года назад
Thanks Derek!!
@10010011001100110101
@10010011001100110101 4 месяца назад
Thankyou so much for this
@Chan-rc2hw
@Chan-rc2hw 2 года назад
Hahaha, the average international weight is actually 62 kg. The average Australian weight is 79 kg. Just an idea, what if you removed the seats from your car that typically would have five seats? Or if you tow a trailer can you now include the towing capacity? Food for thought. Thanks Derek, you have many great videos.
@Wanted797
@Wanted797 6 месяцев назад
Gross vehicle weight is the weight of the vehicle fully loaded with passengers, fluids, fuel, and load capacity. Kerb weight is the weight of the vehicle with all parts, fluids (fuel, oil, radiator fluid) to run, but no people or load. The calculation is working out how much of the full loaded weight (gross) is going to Load rather than people.
@nirajsiva6624
@nirajsiva6624 3 года назад
Hey man quick question soo I’m driving a company car n I get to take home but if I use for my private use they charging me 0.72 for km, also I’m paying around $600 a fortnight and do think I can clam anything back?
@TwelveAccounting
@TwelveAccounting 2 года назад
Unfortunately No. You don't own the car. The tax deduction belongs to the owner of the car.
@rampy4963
@rampy4963 6 месяцев назад
How does FBT work with LOFHA?
@joshua4355
@joshua4355 3 года назад
Excellent info, shame it’s not NZ specific. Thanks anyway
@SantoshkumarKrishnamurthy
@SantoshkumarKrishnamurthy Год назад
Just wanted to provide a feedback. I think you should enable a high volume recording as I was not able to hear even my volume was maxed out on a Bose noise cancelling earphones
@kavarasings9813
@kavarasings9813 Год назад
At 5.12 you said can claim a tax deduction for client component of the costs of meals. Client entertainment meals are not tax deductible.
@evolutionclouds
@evolutionclouds 7 месяцев назад
They become tax deductible if you are registered for FBT
@kavarasings9813
@kavarasings9813 7 месяцев назад
@@evolutionclouds yes, but then you will have to pay FBT , which really defeats the purpose. Im a CA 😃😃😃😃
@huffmanwade3616
@huffmanwade3616 3 года назад
Gngn
@mawkau
@mawkau Год назад
WHAT IS A CAR!!!?!!?!??!?!
@micolo123
@micolo123 3 года назад
A tax deduction on a tax. Taxception.
@row0111
@row0111 2 года назад
Australia in a nut shell
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