FBT 2020: Relocations Remote Area LAFHA & FBT

Description

Understanding the FBT implications and FBT reporting requirements for mobile employees.

FBT Reporting requires an understanding of employee mobility & relocations and an analysis of the associated employee costs to determine the FBT implications.

The FBT law contains many FBT exemptions and concessions that apply to Relocations, Mobility and Living Away From Home. These reduce or eliminate the FBT liability but only if the rules are followed.

Understanding the 2020 FBT reporting requirements is critical from a compliance perspective.

• The webinar assists attendees in understanding how and when the many FBT Exemptions and Concessions operate and apply
• This webinar is designed for all business types and sizes, FBT taxable, FBT exempt, and FBT rebatable employers
• Providing practical knowledge to assist in managing and understanding the FBT Exemptions and Concessions

• The webinar covers the following:
o What are the FBT implications for Relocations, Mobility and Living Away From Home
o What are the FBT Exemptions and Concessions
o Understanding the requirements for each FBT Exemption and Concession
o How to incorporate these in to Best Practice and written Policies
o Practical examples

Webinar Learning Outcomes:
By attending the webinar, attendees will be provided with a good understanding of:
1. The FBT implications of various Relocation, Mobility and LAFH scenarios
2. The FBT valuation rules
3. The FBT Exemptions and Concessions that may apply and the rules / requirements for each
4. How to report these benefits in the 2020 FBT return
5. The reportable fringe benefits implications

In addition, this webinar will illustrate best practice and how to structure arrangements to maximise exemptions and minimize the FBT liability.

Suited to:
This webinar is suited to anyone involved in FBT reporting or managing fleet / car, or those tasked with managing mobility, relocations or business travel from an operational or policy perspective. including:

  • Tax agents and tax advisors
  • Accountants in Public Practice
  • Tax Accountants
  • HR Personnel (from officers to General HR Managers)
  • Payroll Accountants
  • Payroll Managers and their teams
  • Finance Managers
  • Financial Accountants
  • Management Accountants
  • Tax Managers
  • Salary Packaging Managers

Presenter Bio:
Paul Mather, Founder and Director of FBT Salary Packaging Solutions has over 20 years hands-on, Salary Packaging and FBT experience. Paul is a current member of the ATO’s FBT Working Group and the ATO’s Small Business Liaison Group. Paul was a member of the former Australian Taxation Office National Tax Liaison Group (NTLG) Fringe Benefits Tax Subcommittee from 2005 to 2013. An accomplished trainer and speaker, Paul delivers his topic in a practical and insightful manner.

You will be provided with: 
• PowerPoint presentation slide deck 
• Supporting documentation 
• Webinar Recording to view multiple times for up to 6 months 
• Q&A Session and the presenters contact details for follow up questions

  • Mar 18
    Wed, 1:00 PM AEDT - 2:30 PM AEDT Online
    • $220.00 incl. GST
    • PD hours: 1.5

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One-Connection-One-Fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

Like the topic but can’t make the time? Register for the Live Session and you’ll receive the Recording regardless! You can watch it as many times as you like for up to 6 months. You will also receive Supporting Documentation.