Taxation of fringe benefits
Issued by
The Tax Institute
The earner has demonstrated an understanding of the various types of fringe benefits that are subject to the fringe benefits tax regime. Earners determine whether a fringe benefit arises and its type, caclculate fringe benefit tax payable on common fringe benefits, explain the employer reporting obligations of fringe benefits and demonstrate how the FBT regime interacts with the GST regime.
- Time Hours
- Cost Paid
Skills
- Car Fringe Benefits
- Car Parking Fringe Benefits
- Employee contributions
- Employer FBT Obligations
- Entertainment Fringe Benefits
- Expense Payment Fringe Benefits
- FBT exemptions
- FBT Payable
- Fringe Benefits Tax
- Fringe Benefits Tax Returns
- Taxation of fringe benefits
Earning Criteria
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Determine whether a fringe benefit arises and the type of fringe benefit.
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Calculate the fringe benefit tax payable on common fringe benefits.
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Explain the employer reporting obligations of fringe benefits.
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Demonstrate how the FBT regime interacts with the GST regime.
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Earners complete 10 hours of online, self-paced, interactive learning, incorporating interactive examples, knowledge checks, case studies and a comprehensive activity.
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Successful completion of two online, multiple-choice assessments: Assessment 1: 20 multiple-choice questions within 60 minutes. Assessment 2: 6 scenario-based multiple-choice questions within 45 minutes.
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Achievement of a minimum score of 75% for all assessment tasks.