If your business provided fringe benefits to its employees or their associates between 1 April 2022 and 31 March 2023, it’s now time to lodge the 2023 fringe benefits tax (FBT) return and pay any outstanding FBT. [An associate includes a spouse, child, parent, sibling and most other relatives (but not cousins).]
Read our complete April 2023 TaxWise Business Newsletter here.