Fringe benefits help in attracting & retaining good employees Providing fringe benefits goes hand-in-hand with the task of retaining good and loyal employees as well as attracting new talent for your business. However, the types of benefits provided can sometimes relieve the compliance headache. New fringe benefits tax year Now that we have entered into the […]
Fringe Benefits Tax Exemptions Scrutinised Read More »
The Fringe Benefit Tax Year ends on 31 March 2016 … If you allow a staff member to use a work car for private purposes, give one of them a cheap loan, reimburse another for a private expense, such as school fees, or generally provide entertainment or recreation – you may be up for fringe benefits
Fringe Benefits Tax Updates 2016 Read More »
Fringe benefits tax (FBT) will increase from 47% to 49% From April 1, 2015, the rate of fringe benefits tax (FBT) will increase from 47% to 49%. The rate is expected to return to its present level two years later. Implications of increased FBT for businesses When the FBT rate increases next April, many small
Higher Fringe Benefits Tax – How Does It Affect Your Business? Read More »