FBT rate change 1 April
Fringe Benefits Tax (FBT) rate to decrease 1 April 2017 The FBT rate change is because of the 2% Debt Tax (Temporary Budget Repair Levy) on high-income earners which imposes a 2% levy on every dollar of a taxpayer’s annual taxable income over $180,000 from 1 July 2014 until 30 June 2017. The FBT rate…
