Employers who qualify for a fringe benefits tax (FBT) rebate are referred to as ‘rebatable employers’. If you are a rebatable employer in the not-for-profit sector and provide fringe benefits to your employees, you should be aware of the following:
Fuel tax credit rates change regularly. They also vary depending on when you acquire the fuel, what fuel you use and the activity you use it for. Fuel tax credit rates are indexed twice a year, in February and August, in line with the consumer price index (CPI).
Using these statistics Taxation statistics 2013–14 presents an overview of the different taxes we (the ATO) administer. As well the important role we play in superannuation.
The ATO today released its latest statistics on the self-managed super fund (SMSF) sector. This appeared in the publication of the annual Self-Managed Superannuation Funds: A Statistical Overview 2013-14 and the September 2015 edition of the quarterly Self-Managed Superannuation Funds Statistical Report.