Published on 01 Dec 10
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
The statistics from the recent ATO FBT audit and compliance activities don't lie. With 70% of employers non-compliant and 69% of employers failing to lodge an FBT return, the ATO has taken a greater aim at employers. The ATO is broadening its approach to the SME and large business sectors. Along with this is an in-depth focus on cars, car parking, living-away-from-home allowances, entertainment, and employee contributions.
Paul is a Director with FBT Solutions. Paul is a member of the Institute of Chartered Accountants (in both Australia
and New Zealand), a registered tax agent, and a member of the ATO National Tax Liaison Group Fringe Benefits Tax Subcommittee.
Current at 1 December 2010.