What is the Maxxia approach to managing Fringe Benefits Tax (FBT) obligations?
Payroll and finance
Maxxia has dedicated systems, procedures and teams to manage, collect, track and report FBT on behalf of our employer clients and ensure timely, accurate and ATO-accepted reporting.
In the unlikely event of a FBT shortfall, we take complete ownership of the FBT shortfall collection process. Our FBT Indemnity ensures that employer clients will be indemnified for any unplanned FBT liabilities arising from our management of your program.
Maxxia will contact the employee directly to advise of any FBT shortfall and make arrangements for repayment.