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Subject to the limitations below, a number of employee benefits are exempt from fringe benefits tax (FBT), including the following work-related items:

  • portable electronic devices such as mobile phones, laptops, tablets, portable printers and GPS navigation receivers
  • computer software
  • protective clothing
  • briefcases
  • tools of trade.

The FBT exemption is limited to:

  • items primarily for use in the employee’s employment
  • one item per FBT year for items that have a substantially identical function, unless the item is a replacement item.

From 1 April 2016, the exemption extends to small businesses that provide employees with more than one work-related portable electronic device in an FBT year – even if the devices have substantially identical functions.

You must be a small business for at least one income year that starts or ends in the relevant FBT year.

Courtesy: ATO website