FBT (Fringe Benefit Tax) Changes Budget 2011

Rory Deegan - Online Marketing Coordinator | 17/05/2011 1:52:50 PM

This year’s budget change relating to Novated Lease FBT rates on company vehicles has been much talked about since the release of the budget information last week. On our blog this week we wanted to outline these changes for our readers whilst addressing the most common questions relating to the new system. The overhaul will, over a four year time frame, end the lower rates of FBT liability for those who drive in excess of 24,999 kilometres per year. The change to those over th...

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