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jojo1616(Initiate)Initiate
30 May 2024

hello,


if the company is giving $1000 for 15yrs service awards which i understand exempt from FBT but what if after 5 years it gives another service award for another $1500, will that be exempted too since the increase is not more than $100 per year or is it not since the exemption only applied at 15years? Thanks in advance

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324 views
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CaroATO(Community Support)Community Support
4 June 2024

Hi @jojo1616,


Sure will!


Check out the reply another community member received when they asked a similar question.

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FBT - Long service awards | ATO Community