Skip to main content
shopping_cart

Your shopping cart is empty

How exposed are you? Zipping off FBT returns secures protection

Published on 01 Aug 09 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Many practitioners advise clients that a FBT return for a car fringe benefit is not required if the taxable value of the car fringe benefit is calculated using the cost basis. That advice creates an exposure for the practitioner. This article sets out how a practitioner can remove the exposure for years past and in the future.

Author profile:

Christopher Wallis
Chris has a long history of addressing difficult issues particularly in the context of tax education and tax training. He is located in Melbourne and has been at the Bar for 22 years, as well as sharing his specialist knowledge with practitioners while running training sessions. Current at 18 February 2013 Click here to expand/collapse more articles by Chris WALLIS.
 
Copyright Statement