If a boat is owned by the business and paid some expenses from a business account, but the employer doesn't want to include boat expenses in FBT, then how we can nil the value of the boat? Please give me a solution to make the FBT value nil for the boat.
Hi @Roshmk
You'll need to get professional advice to help work out the best way. What I can tell you is the costs to provide fringe benefits and fringe benefits tax is deductible for the employer.
Hi @Roshmk
You'll need to get professional advice to help work out the best way. What I can tell you is the costs to provide fringe benefits and fringe benefits tax is deductible for the employer.
15 Apr 2026 · 4 min read time
16 July 2025 · 5 min read time
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