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Peter Moltoni FTIA (Life) (M Squared and Associates) and Elizabeth Lucas FTIA (William Buck) represented the Taxation Institute at the NTLG FBT Subcommittee meeting held in Melbourne on Thursday 13 November 2008. In addition to a question raised by the Taxation Institute seeking clarification regarding recipients' payments for car benefits involving an 'associate lease', the agenda for the meeting included legislation, case, ATO product and compliance updates as well as discussions relating to:

  • the definition of 'brief case' in the context of employment use;
  • recent amendments impacting on joint benefits and the 'otherwise deductible' rule;
  • incentive awards;
  • substantiation of odometer readings; and
  • living away from home allowances.

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