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  • Writer's pictureBBDB

Sparks are flying this coming FBT year

As an employer, you previously needed to pay fringe benefits tax (FBT) on electric cars provided to your employees. From 1 July 2022, you no longer need to pay FBT on benefits provided for eligible electric cars and associated expenses.


https://www.ato.gov.au/Business/Small-business-newsroom/Employers/Sparks-are-flying-this-coming-FBT-year/?sbnews20230329


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