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FRINGE BENEFITS TAX ("FBT") - MARCH 2020

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The FBT year ends on 31 March 2020 and each employer is required to calculate their liability for FBT. Where a liability for FBT exists, an annual return is required to be lodged and any tax paid by 21 May 2020. However, if the return is lodged electronically by a Tax Agent the due date of lodgement is 25 June 2020 while the payment due date is 28 May 2020.

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March 2020 Newsletter

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Welcome to our March 2020 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting taxpayers and businesses in Australia today.

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StewartBrown Advisory Pty Ltd
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