FBT for Mobile Employees including COVID opportunities and challenges

Description

Moving employees from one location to another, whether permanently, temporarily or regularly, represents a significant FBT opportunity and risk for employers.

The FBT law broadly supports mobility with a number of key concessions and exemptions. In our experience many employers are not fully aware of the FBT “upside” with relocations and mobility. These FBT exemptions and concessions apply differently depending on the scenario. In this webinar we will cover the following scenarios and their FBT treatment:

  • Temporary Relocations
  • Permanent Relocations
  • Living Away From Home
  • Remote Area
  • Fly In Fly Out
  • Expatriates

In addition, Paul will consider for each scenario the different ways the benefit may be provided:

  • By way of an allowance
  • Reimbursement
  • Direct provision

In addressing all of the above, Paul will highlight the opportunities and risks, together with dispelling a few myths and discussing common mistakes. Importantly, Paul Mather will work through a number of practical examples and case studies to help illustrate real life situations.

Learning Outcomes:

  • Attendees will be provided with a comprehensive understanding of:
  • The FBT implications of various Relocation, Mobility and LAFH scenarios
  • The FBT Exemptions and Concessions that may apply and the rules / requirements for each
  • Common mistakes and misunderstandings
  • The importance of written policies

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

Suited to:
Anyone involved the management or administration of Mobility & Relocations, whether from an operational, compliance 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
  • Tax Managers
  • Salary Packaging Managers

Presenter Bio;
Paul Mather, Director, FBT Salary Packaging Solutions.
Paul is an accomplished tax practitioner and trainer with over 25 years’ experience. Most recently, Paul has over 10 years’ experience running his own practice specialising in FBT & Salary Packaging. Prior to that, Paul was with EY specializing in Employment Taxes and Indirect Taxes.

Paul is a current member of the ATO’s FBT Working Group representing the Salary Packaging industry. Paul was a member of the former ATO’s National Tax Liaison Group (NTLG) Fringe Benefits Tax Subcommittee from 2005 to 2013.

You will also be provided with: 

  • The PowerPoint Presentation Slide Deck
  • Any Supporting Documentation
  • Webinar Recording to view multiple times for up to 6 months
  • Q&A Session & follow up contact details

  • Nov 19
    Thu, 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.