2020 FBT Checklist - CPA Australia
The sum of all type 1 fringe benefits is totalled during the year of tax and comprises the employer’s type 1 aggregate fringe benefits amount for that FBT year. The type 1 aggregate fringe benefits amount is multiplied by 2.0802 in calculating the grossed-up value of such benefits for the FBT year ended 31 March 2020. ................
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