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Fringe Benefit Identification *Prime Contractor and All Subcontractors Form

Fringe Benefit Identification *Prime Contractor and All Subcontractors Form

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Okay there guys I want to thank arena for asking another question on my wall, and she rEvally has well three questions here the first question is what is a fringe benefit why do we have fringe benefits tax and who have to pay fringe benefits tax arena I want you to understand that this is one of the most frustrating pieces of tax law, and you might tell me well all tax law is kind of frustrating now this is one of the worst alright what is a fringe benefit now you can read the definitions of fringe benefits in your textbook, but basically it goes like this whenever you have an employer who pays an employee anything or any benefit or any good thing that flows from the employer to the employee is going to be a benefit it's so wide it includes the desk you see that includes having toilet facilities at work any good thing at all that flows from the employer to the employee whatsoever, but it's the negative limbs that take away from this and start to narrow down what the government rEvally

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