Date posted: 3/09/2019 2 min read

Submission - What is the fringe benefit tax, GST and income tax treatment of an employee contribution to a fringe benefit?

CA ANZ supports the publication of this item. The item and content will help employers establish how the rules apply to their circumstances

CA ANZ recently provided feedback on Inland Revenue’s draft ‘question we’ve been asked’ on what is the fringe benefit tax, GST and income tax treatment of an employee contribution to a fringe benefit? CA ANZ supports the publication of the QWBA which will be beneficial to employers when establishing which rules apply to their circumstances.

We make a number of suggestions to improve readability, including a suggestion to include an example on the FBT consequences of salary sacrifices which is generally not well understood.