If you provide fringe benefits to your employees, it's important that they are aware of their fringe benefits tax obligations. The Tax Office provides the Reportable fringe benefits – facts for employees guide to help your staff understand their rights and obligations when reporting fringe benefits.
The guide details a number of issues regarding fringe benefits including:
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what a fringe benefit is
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who pays fringe benefits tax (FBT)
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what a reportable fringe benefits amount is and how it is calculated
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what happens when your staff have fringe benefits included on their payment summaries.
For further information on the guide, direct your staff to the Tax Office website.