Question

subject:Taxation law An employer provided protective clothing to an employee. True or false: The employer is...

subject:Taxation law

An employer provided protective clothing to an employee. True or false: The employer is required to pay FBT for the provision of protective clothing.

Select one:

True

False

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Homework Answers

Answer #1

Ans :- FALSE

The employers does not require to pay FBT

EXPLANATION :-

There are also a number of employee benefits that are exempt from FBT. These can be because the benefits are primarily used by workers during employment or they are significantly similar to another item already being claimed. These exemptions can include the following work-related items:

Protection clothing

Portable electronic devices (mobile phones, laptops, tablets, portable printers and GPS navigation receivers)

Briefcases

Tools of trade.

Computer software

The type of fringe benefits employers must pay FBT on include:

- loan

- vehicle for personal use

- any membership like gym

- entertainment , food beverage etc.

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