WORKSHOP 3 – 16TH AUGUST 2024 FBT – Managing FBT and accessing opportunities in the Non for Profit Sector

Many Not-For-Profits are in a unique position to access certain FBT exemptions, concessions and rebates, often incorporated in employee Salary Packaging arrangements or provided directly to employees.

Our custom full day Workshop is designed for Employer organisations who are either:

1. Not-for-Profits;

2. Charities;

3. Rebateable;

4. Public Benevolent Institutions;

5. Health Promotion Charities; or

6. Tax and Accounting Advisers to the above

In this full day Workshop we will discuss the key practical and technical aspects of FBT compliance and managing FBT.

We will also highlight recent changes and their impact (and opportunities) for Not-For-Profit organisations.

Attendees will gain an understanding of:

• All 13 fringe benefit categories and why benefits may be overlooked

• Choices in Valuation Methodology and the pros and cons of each

• How to identify and classify fringe benefits

• Additional FBT exemptions and concessions that are available to Not-For-Profit organisations are wider than just the capped benefits allowed in the FBT law

• the reporting of capped benefits

• the trend with packaging Motor Vehicles, including Exempt Electric Vehicles

• the opportunity for packaging Relocation, Mobility and Remote Area Benefits

• the many other FBT exemptions available that can also financially benefit employees

• the Record Keeping and substantiation requirements

• where tax savings can be maximised

• the importance of written policies

For event enquiries, please email eventsanz@thomsonreuters.com

Workshop Facilitator

Paul Mather

FBT & Salary Packaging Specialist

Paul has over 25 years hands-on FBT, Employment Taxes & Salary Packaging experience across all industry sectors and businesses ranging from large corporates, SME’s, Not for Profits, Charities, Local State and Federal Government and Accounting Firms. Paul works closely with Accounting firms to ensure they are proactively managing their clients FBT obligations and have a well structured “FBT Service Line” offering for clients.

In particular, Paul assists employers with:

1. Annual FBT Reporting via Outsource

2. FBT and Employment Taxes Reviews

3. Managing FBT Audits

4. Salary Packaging review, gap analysis and implementation

5. Car Parking FBT Valuation

6. Employee Expense process reviews and implementation

7. Review of Employee benefits, policies and processes

8. ATO and Revenue Office review and audits

Paul is an accomplished trainer and speaker on all areas of FBT, Employment Taxes and Salary Packaging.

Paul delivers training in a practical and insightful manner.

Paul is a current member of the ATO’s FBT Stakeholder Group (since 2005).

Paul is the founder of FBT Salary Packaging Solutions (since 2009).

Prior to setting up his own practice in 2009, Paul worked as Director of Employment Taxes at EY Sydney for 10 years.