FBT long service award exemption

Question

 · Accepted Answer

CaroATO · Answer

- Yes, because the increase per year is less than $100. - You'll need to follow the same approach as the first LSA award for each following one. If you search for long service awards in our FBT - a guide for employers (https://www.ato.gov.au/law/view/document?DocID=SAV%2FFBTGEMP%2F00021), you'll be able to read some info in more detail.

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