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Publication 15 B Rev January Employer's Tax Guide to Fringe Benefits  Form

Publication 15 B Rev January Employer's Tax Guide to Fringe Benefits Form

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fringe benefits tax is a 47 tax payable on benefits you provide to one or more of your employees if your business has employees you must withhold tax from their wages and salaries paid to them your recruitment agency must forward the tax withheld to the ato at regular intervals when lodging the business activity statements the ato then credits the employees taxes at the end of the financial year when lodging their tax return so when you pay your basis it's not just for gst it's actually for your wages tax for your employees and for yourself as well

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