Fringe benefits tax

Edited book (chapter)


Delany, Thomas P.. 2012. "Fringe benefits tax." Halsbury's Laws of Australia. Sydney, Australia. LexisNexis Butterworths. pp. Ss 405: Taxation and Revenue Part XI, 762,687-762,893
Chapter Title

Fringe benefits tax

Book Chapter CategoryEdited book (chapter)
ERA Publisher ID2484
Book TitleHalsbury's Laws of Australia
Authors
AuthorDelany, Thomas P.
Page RangeSs 405: Taxation and Revenue Part XI, 762,687-762,893
Number of Pages64
Year2012
PublisherLexisNexis Butterworths
Place of PublicationSydney, Australia
ISBN0409304360
Abstract

A‘fringe benefit’ is described as a benefit other than salary and wages accruing to a person because of an employment relationship. Taxation law assesses employees on cash payments of salary and wages and similar amounts received as a result of employment. However, prior
to 1 July 1986, significant difficulty was encountered in assessing non-cash benefits provided to employees and even greater difficulty in assessing associates of employees on benefits received from employers. Fringe benefits tax (‘FBT’) was implemented from 1 July 1986 to combat this difficulty. This chapter provides a full analysis of the operation of fringe benefits tax to commercial transactions in Australia.

Keywordsfringe benefits tax; taxable value; exempt benefit; car fringe benefit; debts waiver fringe benefit; loan fringe benefit; expense payment fringe benefit; housing fringe benefit; living-away-from-home-allowance fringe benefit; airline transport fringe benefit; board fringe benefit; meal and entertainment fringe benefit; tax-exempt body entertainment fringe benefit; property fringe benefit; residual fringe benefit
ANZSRC Field of Research 2020480106. Taxation law
Public Notes

Files associated with this item cannot be displayed due to copyright restrictions.

Byline AffiliationsSchool of Law
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q13zw/fringe-benefits-tax

  • 2074
    total views
  • 18
    total downloads
  • 3
    views this month
  • 0
    downloads this month

Export as

Related outputs

Personal Services Income: where to from here?
Delany, Tom. 2012. "Personal Services Income: where to from here?" Revenue Law Journal. 21 (1), pp. 1-24.
Compensation for natural disasters: The tax consequences
Delany, Tom. 2012. "Compensation for natural disasters: The tax consequences." Taxation in Australia. 46 (6), pp. 248-252.
Tax avoidance: a trans-Tasman comparative study
Delany, Tom. 2005. "Tax avoidance: a trans-Tasman comparative study." New Zealand Journal of Taxation Law and Policy. 11 (2), pp. 161-184.
Company tax concessions: a shareholder's perspective
Delany, Tom. 2011. "Company tax concessions: a shareholder's perspective ." Taxation in Australia. 45 (7), pp. 416-421.
Goods and services tax - the 'Gourley' principle applies
Delany, Tom. 2010. "Goods and services tax - the 'Gourley' principle applies." Tax Specialist. 13 (5), pp. 255-261.
The new income tests: a complex web
Delany, Tom. 2010. "The new income tests: a complex web." Taxation in Australia. 45 (3), pp. 139-146.
Taxation of primary producers
Delany, Tom. 2004. "Taxation of primary producers." Morrison, David (ed.) Taxation law in principle, 2nd ed.. Sydney, Australia. Thomson Lawbook Co. pp. 297-313
Cessation of registration
Delany, Tom. 2002. "Cessation of registration." Australian GST Journal. 2 (8), pp. 146-148.
A comparative analysis of the impact of tax on savings for retirement
Delany, Tom. 1999. "A comparative analysis of the impact of tax on savings for retirement ." ATTA 1999: 11th Annual Australasian Tax Teachers Conference . Canberra, Australia 05 - 07 Feb 1999 Canberra, Australia.
Part IVA and tax reform
Delany, Tom. 2005. "Part IVA and tax reform." Journal of the Australasian Tax Teachers Association. 1 (2), pp. 293-317.
Part IVA and mass marketed schemes
Delany, Tom. 2005. "Part IVA and mass marketed schemes." Tax Specialist. 8 (4), pp. 217-227.