Businessman pressing a Fringe Benefit Tax concept button. Can be used in advertising.

Fringe Benefits Tax or FBT is a tax employers pay on certain benefits they provide to their employees, employees’ family members or their other associates. FBT is separate to income tax and is calculated on the taxable value of the fringe benefits provided.

FBT can be levied on provision of Car, Housing, travel, entertainment etc.The FBT system carries a number of reporting and compliance obligations that AVS can advise on and support you in meeting.

Apart from giving general advice on the impact and amount of FBT you’re required to pay, AVS also assists businesses with various FBT requirements including preparation, review and lodgement of returns.

We can streamline the FBT process by helping you:

understand how FBT works
identify when a fringe benefit is provided
access available exemptions
comply with your obligations
build FBT into salary packaging
communicate with your employees
liaise with the Australian Taxation office on FBT matters

We will ensure you’re meeting your FBT obligations, while minimising its impact.

“Team at AVS Business Services helped us set up our SMSF and put the correct structure in place for acquisition of real properties in our SMSF. AVS has exceeded our expectations and their specialist team has provided valuable support throughout the process of buying properties in our SMSF. We highly recommend their services. “

G.D Singh & Dr Jaskirat Singh SMSF Trustees February 3, 2016

AVS Business Services have been our tax advisers and accountants for more than 3 years now. We have a great working relationship and constantly receive industry updates and useful information for our business. I would recommend AVS to any one as I feel they provide a very professional, timely and accurate service. They are well versed in Tax and superannuation legislation and support all of our business needs. They are a pleasure to deal with and we are sure that we are always dealing with advisers who understand business very well.

Justin Wilson CEO, J.W.W Trading Pty Ltd October 8, 2015

“I was looking to move away from accounting on spreadsheets so that I could have better control over my business. AVS Business Services looked in detail at my accounting needs and helped me choose the solution that is best for me. I am very pleased with the inputs I receive from them on a regular basis and would recommend their services to anyone without hesitation”

Deepak Kumar Director, D.S Webtech Pty Ltd July 18, 2014

"We've utilised the services of AVS Business Services for a few years now and can honestly say the team of AVS have always provided excellent service on a personal and business level. Nothing is too much trouble and they're readily available to assist at the drop of a hat. Their service sets them apart from previous accountants worked with. We would definitely recommend their service to anyone looking for an accountant.”

Aaron & Linda Henry A.B Henry Pty Ltd February 3, 2016

Being a layman with Tax and Accounting and new to Australia, I was looking for a professional and efficient tax accountant who can also help me understand the tax structure here and show some avenues to save money.I was recommended to AVS through my friend and it was no looking back since then.Team at AVS are diligent tax professionals with an eye to detail. They spend time in understanding the requirements and needs of clients, ensuring it aligns with all the legal aspects.I am very pleased working with AVS and would recommend to anyone who is looking for professional, efficient and personalized tax accounting services.

Som Mukherjee IT Professional - Project Manager - Banking and Finance February 8, 2016

Fringe Benefits Tax (FBT)

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