ATO releases fringe benefits tax video for NFPs.
Nunzio Giunta
2021 Not-for-profit Accountant of the Year | Member ATO Not-for-profit Stewardship Group | Member AASB Not-for-profit Project Advisory Panel | Chair CPA Queensland Not-for-profit Committee
Not-for-profit organisations may need to register for fringe benefits tax (FBT) if they provide certain benefits to employees. If registered, your organisation may be entitled to a rebate or an exemption for FBT, depending on its status. See the video