Your FBT questions answered.
After the highly successful FBT webinar with over 1200 registrants and 100s of questions, KPMG and Thomson Reuters have teamed up again to answer the biggest questions asked on the day. Watch the Q&A videos to deep dive into the hottest topics for 2023.
By Hayley Lock, Stacey Biggar and Amesh De Silva
1. Car Fringe Benefits
Get a better understanding on the background of key arrangements that KPMG often sees set up for cars and novated leases and the benefits of a novated leases.
2. Travel
Do you have employees that travel for work? What about when they have to travel to remote areas? Find out about the 3 key rulings that change the way FBT is considered for travel.
3. Reportable Fringe Benefit Amounts
Want clarity on RFBAs and electric vehicles? Interested in how the exceptions work? What about how to streamline your reporting? Hayley explains it all.
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Hayley Lock leads the Specialist Tax & Reward practice in Queensland and has over 15 years’ experience both in commerce and within professional services providing advice on a range of employment taxation matters. Hayley has worked with some of Australia’s largest employers and is also a current member of the ATO's FBT sub-committee. In her work with her clients she has advised on all employment tax related matters including PAYG withholding and reporting, payroll tax, Superannuation Guarantee, Workers Compensation Insurances and fringe benefits tax.
Stacey Biggar is a director in KPMG’s Employment Tax team with 11 years’ experience assisting with employments tax matters including fringe benefits tax, superannuation guarantee, payroll tax, pay as you go withholding and workers compensation. Stacey has assisted a large number of clients with full FBT outsourcing projects and has extensive experience assisting a variety of clients with identifying and implementing process improvements and management of employment tax related issues including risk reviews, preparation and submission of voluntary disclosures with revenue authorities and advising on changes to legislation and practical implications.
Amesh leads the commercial strategy and product management of ONESOURCE Fringe Benefits Tax within Australia, along with providing go-to-market direction and focus for other ONESOURCE solutions.
Amesh has 7 years' experience as an accountant having previously worked at Commonwealth Bank and PwC in roles across finance, audit and advisory. Prior to Thomson Reuters, Amesh worked as the commercial lead of a software start-up that specialised in automated vehicle tax logbooks for FBT.
Amesh holds a Bachelor of Commerce with Finance & Economics from USYD and an MBA at AGSM.
FBT Demo Video
Watch why Thomson Reuters ONESOURCE FBT is Australia's most complete and comprehensive Fringe Benefits Tax software solution. Used by more than 1,000 organisations in Australia including the BIG 4 accounting firms.