Monthly Archives: April 2014

01 Apr 2014

Happy new (FBT) year! 1 April marks the start of the 2014/2015 FBT (Fringe Benefits Tax) year, here’s a quick look at what the new year could hold for you: New threshold amounts If you work for a public hospital, a private not-for-profit hospital or a Public Benevolent Institute (PBI) you are entitled to a number of tax-free items each year. These items include living expenses, rent and mortgage payments and are capped at either $9,010 or $15,900 for 2014/2015 depending on your employer. To see how much you are entitled to, check your balance and see your salary packaging reports log in to Read More