For many businesses, employees are their greatest asset, so keeping them happy and incentivised is an important consideration.

The FBT rules provide ways to increase employees’ take home pay and benefits.

Do you know all of them? We do.

In fact, our team members sit on various ATO and Federal Treasury committees and working groups and are at the forefront of legislative amendments and changes in ATO interpretation.

Both sides of government have also sought our advice about the financial and commercial impacts of proposed changes to FBT legislation.

We can help you simplify your accounting systems in this complex area and comply with ATO requirements. Typically, we:

  • review and assess your FBT policies and systems
  • identify potential savings for employees and employers
  • prepare FBT compliance manuals
  • review and lodge annual FBT returns
  • advise you on FBT issues
  • keep you up to date with legislation
  • suggest effective ways to organise your FBT affairs
  • find ways to minimise tax.

The result: a unique FBT planning strategy that supports your business

As experts in salary packaging, we can also review your current arrangements, help with new systems, advise you on policy, support your payroll and HR staff, help you choose service providers and create easy to follow presentations to explain salary packaging to your employees.

Get in touch

Elizabeth Lucas
Partner & Head of National Specialist Tax
Elizabeth Lucas
Learn more about Elizabeth Lucas
Elizabeth Lucas
Partner & Head of National Specialist Tax
Elizabeth Lucas

Get in touch

Grant Thornton Australia collects your personal information so we can send you communications including invitations to future events, industry insights and other relevant communications. You can opt-out of receiving these communications at any time via our preference centre. Privacy Policy.

Elizabeth Lucas

Related content

View more

Subscribe to receive our publications

Subscribe now to be kept up-to-date with timely and relevant insights, unique to the nature of your business, your areas of interest and the industry in which you operate.