Fringe benefits tax: exempt minor benefits | Essentials to strengthen your small business

Steps to work out if a minor benefit is exempt from FBT

Fringe benefits tax: exempt minor benefits

What is an exempt minor benefit?

6 mins

What are fringe benefits?	0%
What is an exempt minor benefit?	0%
Steps to work out if a minor benefit is exempt from FBT	0%
Examples of exempt minor benefits	0%
Activity	0%

Gifts

13 mins

Gifts	0%
Activity	0%
Activity	0%

Entertainment

15 mins

Entertainment benefits	0%
Providing entertainment	0%
Example: Entertainment as an exempt minor benefit	0%
Activity	0%
Food or drink consumed on business premises	0%
Activity	0%
Example: Christmas party and gift	0%
Example: Gym membership where an exemption applies	0%
Example: Gym membership where an exemption does not apply	0%

Cars

4 mins

Special rules that apply to car benefits	0%
Example: Vehicles and ad hoc road tolls	0%

FBT: Registration, reporting and record-keeping

5 mins

If the minor fringe benefit exemption doesn’t apply	0%
Records required for FBT	0%

Related courses

1 mins

Related courses	0%

Course Feedback

Course Feedback	0%