Spotlight on FBT webinar series
Co-presented by PwC & Taxlab
Our PwC Academy in partnership with Taxlab, will present a three part webinar series, putting the spotlight on Fringe Benefit Tax (FBT). The series will include an overview and refresher on FBT principles, FBT calculation methods, and the most common errors and pitfalls when preparing and reviewing FBT returns. Co-presented by Isaac Moffat-Young (PwC New Zealand) and Jeremy Dobbie (Taxlab).
In these sessions, we will cover:
- Fringe Benefit Tax Overview and Refresher
- FBT Calculation Methods
- Most Common Errors and Pitfalls when Preparing and Reviewing FBT Returns
Fringe Benefit Tax Overview and Refresher
Overview of rules and definitions
Single Rate vs Alternate Rate
Classified vs Unclassified
Attributable vs Non-Attributable
De-minimis thresholds
Recent law changes and rate increases
FBT Calculation Methods
Overview of calculation options
Single Rate
Short Form Alternate Rate
Full Attribution Alternate Rate
The New ‘pooled’ alternate rate option proposed in the August 2021 Tax Bill
Evaluating your calculation options in 2022
Getting help from FBT Calculation software
Most Common Errors and Pitfalls when Preparing and Reviewing FBT Returns
Most common errors and pitfalls
Data collection
Preparing FBT returns
Reviewing FBT returns
Managing incorrect reporting
Reducing risks
PwC Academy live
This webinar is being presented as a part of our PwC Academy live platform. PwC Academy live hosts a limited number of our market trend webinar updates, allowing you a small taste of our subscription offering.
Through the portal you will hear from our subject matter experts as they deliver market and economy updates, technical updates and business insights updates that help you to navigate today’s business environment.
