I am writing to seek clarification fringe benefits tax (FBT) to scholarships offered by a Public Benevolent Institution (PBI) in the aged care industry. We are considering offering scholarships to our current staff to further their education in fields relevant to our operations, such as nursing and psychology. These scholarships would cover expenses including tuition fees and other course-related costs through a reimbursement scheme. I was wondering if the scholarships offered to current staff for educational courses related to their employment subject to fringe benefits tax?
Thank you for your time
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298 views
1 replies