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EMPLOYER SALARY PACKAGING SERVICES INFORMATION
EMPLOYEE SALARY PACKAGING INFORMATION
FBT Changes - Motor Vehicle Statutory Value Formula The Federal Government has released an announcement that the FBT Statutory Formula for calulating the FBT Taxable Value on motor vehicles has changed.
The formula will phase in a new statory fraction for the calculation purposes over the next four years.
As a result CTAS and Community Salary Packaging has released a calculator to assist you to understand the changes.
You can find the online calculator using the link below:
2011 - 2012 Australian Federal Budget Summary
On 10 May 2011 the Australian Federal Government released their 2011-12 Budget papers.
CTAS / Community Salary Packaging has released a specialised newsletter outlining the impact on non profit organisations including changes that effect salary packaging / salary sacrificing & Finge Benefits Tax (FBT).
To view the newsletter please follow the link to the Charities Tax Advisory Service website.