2020 FBT Checklist - CPA Australia

The gross-up rate to be used for the 2020 FBT year in respect of reportable fringe benefits is 1.8868 regardless of whether the benefits provided are Type 1 or Type 2 benefits. Other FBT aspects. An employee’s reportable fringe benefits amount will be taken into account for the purposes of, amongst other things, applying the Medicare Levy ... ................
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