Newsletter
June 2013 Newsletter
FBT rates and thresholds 2013 to 2014
The ATO has announced important fringe benefits tax (FBT) rates and thresholds for the 2013–2014 FBT year that commenced on 1 April 2013. Some of the key rates and thresholds include the following:
- The benchmark interest rate is 6.45% per annum. (It was 7.40% per annum for the 2012–2013 FBT year.)
The record-keeping exemption threshold is $7,779. (It was $7,642 for the 2012–2013 FBT year.)