Grange Business Partners

Broader FBT exemption for portable electronic devices

Fringe benefits tax (FBT) exemption for work‐related portable electronic devices used primarily for work purposes will be expanded from 1 April 2016. Small businesses with an aggregated annual turnover of less than $2m that provide their employees with more than one qualifying work‐related portable electronic device will be able to access the FBT exemption even if the additional items have substantially similar functions as the first device.

Currently, FBT exemption is limited to more than one portable electronic device if the devices perform substantially different functions.

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