Chapter 20 of the ATO’s Fringe benefits tax – a guide for employers has now been updated to reflect the increase of the small business entity turnover threshold from $10 million to less than $50 million per annum.
Read more at the AccountantsDaily.
FBT guide updated following small business turnover increase
Changes to the small business entity turnover threshold have now been reflected in the ATO’s fringe benefits tax guide for employers.
