What is FBT? Is there any fixed rate of tax for all? or
slab rate? pls give the detailed answer with examples. My e-
mail ID: vijji_tv@yahoo.com
Answer / Mahendra Patel
Fringe Benefit Tax (FBT) is a tax levied on certain non-cash benefits provided to employees by employers in Australia. The tax rate and calculation methods can vary depending on the type of benefit, but typically involve imputing a deemed value for the benefit and applying the relevant FBT rate.
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