FBTA Act definition

FBTA Act means the Fringe Benefits Tax Assessment Act 1986 of the Commonwealth;
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FBTA Act means the Fringe Benefits Tax Assessment Act 1986 of the Commonwealth;30 “fringe benefit” means anything that is a fringe benefit under the FBTA Act except a benefit prescribed not to be a fringe benefit for the purposes of this definition;
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FBTA Act means the Fringe Benefits Tax Assessment Act 1986 of the Commonwealth. The abridged definition of that Act removes the ne cessity to recite in full the reference to that Act where it appears in the legislation;
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Examples of FBTA Act in a sentence

  • Subsection (1) does not apply to benefits that are exempt benefits for the purposes of the FBTA Act.

  • The exemption in subsection (2) does not apply to wages comprising a fringe benefit under the FBTA Act.

  • If the taxable value of a remote area holiday transport fringe benefit is reduced under section 60A of the FBTA Act, the benefit is exempt to the extent of an amount equal to twice the amount of the reduction.

  • Actual value of fringe benefit (1) The value of a fringe benefit (V) is to be calculated in accordance with the formula — where — FBT rate is the rate of fringe benefits tax, imposed for the purposes of the FBTA Act, that applies when the liability to pay‑roll tax under this Act arises;TV is the taxable value of the benefit as a fringe benefit for the purposes of the FBTA Act.

  • Actual value of a fringe benefit (1) The value of a fringe benefit (V) is to be calculated in accordance with the formula — where — FBT rate is the rate of fringe benefits tax, imposed for the purposes of the FBTA Act, that applies when the liability to pay‑roll tax under this Act arises;TV is the taxable value of the benefit as a fringe benefit for the purposes of the FBTA Act.

  • Amended FBT Act assessment, employer to give copy of to CommissionerAn employer who receives an amended assessment under the FBTA Act must give a copy of the amended assessment to the Commissioner within 30 days of receiving it.Penalty: $5 000.

  • Fringe benefits provided in remote locations (1) An expense payment fringe benefit, a property fringe benefit or a residual fringe benefit provided in relation to the supply, use or cost of water for use for the domestic purposes of an employee who is employed in a remote location is exempt where, if the benefit related to residential fuel under the FBTA Act, the taxable value of the benefit would be reduced under section 59 of that Act.

  • Notice of amended FBT Act assessment An employer who receives an amended assessment under the FBTA Act must give a copy of the amended assessment to the Commissioner within 30 days of receiving it.

  • Notice of amended FBT Act assessmentAn employer who receives an amended assessment under the FBTA Act must give a copy of the amended assessment to the Commissioner within 30 days of receiving it.Penalty: $5 000.

  • If the taxable value of a remote area holiday transport fringe benefit is reduced under section 60A of the FBTA Act, the benefit is exempt to the extent of an amount equal to twice the amount of the reduction.Division 3 — Specified taxable benefits11.

Related to FBTA Act

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • S.A.F.E. Act means the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Public Law 110-289).

  • OHS Act means the Occupational Health and Safety Act 2004;

  • FMC Act means the Financial Markets Conduct Act 2013.

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.

  • 1990 Act means the Town and Country Planning Act 1990 (as amended);

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • Family Law Act means the Family Law Act, R.S.O. 1990, c. F.3, as am. S.O. 2006, c. 1, s.5; 2006, c. 19, Sched. B, s. 9, Sched. C, s. 1(1), (2), (4);

  • EP Act means the Environmental Protection Xxx 0000;

  • Federal Power Act means the Federal Power Act, as amended, 16 U.S.C. §§ 791a, et seq. FERC or Commission:

  • PPS Act means the Personal Property Securities Act 2009 (Cth).

  • Federal Reserve Act means the Federal Reserve Act, as amended.

  • FCC Regulations means the regulations duly and lawfully promulgated by the FCC, as in effect from time to time.