Staff purchase program, guidance for FBT implications

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 · Accepted Answer

Deb_ATO · Answer

That's great you're looking for ways to provide more benefits to your employees. Although I wouldn't be able to provide any specialised advice or guidance, I can provide you the facts. If your employee receives a Fringe Benefit with a total taxable value of more than $2000 in a fringe benefit tax, you'll need to report it. Check out our further info on how you can reduce your FBT liability (https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/fringe-benefits-tax/exemptions-concessions-and-other-ways-to-reduce-fbt/reducing-your-fbt-liability).

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