Hi, If an income tax exempt organisation registered with the ACNC with FBT rebate status.
As a religious institution a large number of our employees are religious practitioners for FBT purposes and have exempt benefits (FBT exemption).
Using the 50:50 split means that all meal entertainment expenses are included in the calculations, regardless of whether the cost is for an employee, associate, and non-employees.
If meal entertainment is being provided to just religious practitioners who have an exemption from FBT, do we still have to include it when doing the 50:50 method or in other words; does the 50:50 split method override the FBT exemption even when it’s just religious practitioners?
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