ATO Alert - COVID Affecting Car Fringe Benefits
The ATO is warning employers to take care to avoid unnecessary FBT for car fringe benefits provided to employees.
As a result of the COVID lockdown earlier this year, many employees have been working from home at a far greater rate. If these employees have had the use of a car provided by their employer, the employer will need to check how they are calculating their fringe benefits, to avoid unnecessary FBT.
With working from home beco...