Description

This Fringe Benefits Tax manual is issued as a NSW Treasury policy and guidelines paper which outlines legislation, rulings, determinations and other relevant information relating to Fringe Benefits Tax (FBT).

The manual has been prepared to assist NSW Government agencies to comply with the requirements of the FBT regime.

This FBT manual outlines how to identify and value each type of fringe benefit and includes discussion of the interaction between FBT and GST. Users should refer to the Fringe Benefits Tax Assessment Act 1986 (FBTAA) for specific details and rules.

This manual was updated in January 2012 with the assistance of Deloitte Touche Tohmatsu Ltd (Deloitte) and supersedes the previous TPP 09-01 version issued in March 2009.

This manual has been prepared for access via the NSW Treasury website for ease and convenience for NSW Government agencies. Included in the left margins of this guide are a number of references to relevant rulings and legislation on the Australian Taxation Office (ATO) website, www.ato.gov.au as well as chapter references to FBT A Guide for Employers.