fringe benefits tax

An estimated 20,000 small businesses with annual turnover between $10 million and $50 million are in line for a slew of new tax concessions previously reserved for businesses turning over $10 million or less. "Small businesses drive the Australian economy ... More

Businesses which use rideshare services will no longer be hit with fringe benefits tax, having been granted an exemption previously reserved for taxis. Previously, the exemption for an employee's taxi travel applied if: the trip begins or ends at the ... More