What type of Fringe Benefit is this?

The FBT Act refers to a number of different types of fringe benefit. Often the difficulty is working out what type of benefit has been provided to an employee.

The following list of examples may help you determine what type of benefit has been provided. A brief overview of each type of benefit has also been included.

Examples Type of benefit
  • ANU allows an employee to drive an ANU owned car home each night as is the custom for an senior employees
  • ANU allows an employee to drive an ANU owned car home while the employee is on Higher Duties
  • Employee is on call, so ANU allows the employee to take an ANU owned car home for the night.
  • Employee has to work late, so ANU allows the employee to take ANU owned car home for the night.
  • No public transport available so ANU allows the employee to use an ANU car to get to and from work each day.
Car fringe benefits
Loan:
  • A salary advance is made to an employee
  • A loan is provided to an employee as a recruitment/retirement incentive.
  • A deferred payment arrangement is entered into with an employee who has a debt to ANU (e.g. due to a salary overpayment)
  • Purchase of University assets by installment (e.g payroll deduction)
  • An advance provided to an employee for business expenses (e.g. travel advance) that is not acquitted within 6 months of the advance being made.

Debt Waiver:

  • The requirement for an employee to repay overpaid salary debt is waived;
  • The requirement for an employee to repay a loan provided by ANU is waived.
  • An advance provided to an employee for business expenses (e.g. travel advance) is not acquitted and is written-off.
Loan and debt waiver fringe benefits
Examples of items that might give rise to an expense payment benefit if reimbursed or paid for by ANU include:
  • school fees,
  • mortgages
  • gym memberships
  • HECS
  • Off-campus Childcare
  • travel for family members (spouse, children etc)
  • travel (including travel insurance) for an employee if the travel is not for work purposes (e.g. flights to enable the employee to visit their family)
  • home internet service provider fees
  • home telephone costs
  • newspaper, magazines, publications (not work related)
Expense payment fringe benefits
  • ANU allows employee to live in an ANU owned house, ANU Hall of Residence or any other ANU property (e.g. University House, Liversidge Court Apartments etc) as their usual place of residence (i.e. their normal home).
  • ANU takes out a lease on a dwelling/hotel room/apartment so that the employee can live there as their usual place of residence (i.e. their normal home)
Housing fringe benefits
  • ANU allows employee to live in an ANU owned house, ANU Hall of Residence or any other ANU property (e.g. University House, Liversidge Court Apartments etc) because the employee is required to live away from their normal home to perform work for ANU.
  • ANU takes out a lease on a dwelling/hotel room/apartment for the employee to live in because the employee is required to live away from their normal home to perform work for ANU.
  • ANU reimburses, pays for or provides an allowance to the employee to cover the accommodation costs incurred because the employee is required to live away from their normal home to perform work for ANU.
  • ANU reimburses, pays for or provides an allowance to the employee to cover the food or any other costs incurred because the employee is required to live away from their normal home to perform work for ANU.
Living away from home allowance fringe benefits
  • As part of their job, an employee is required to live on ANU premises (e.g. Hall of residence), and is provided with meals free of charge at ANU premises
Board fringe benefits
  • Business lunch/dinner at a restaurant for an employee
  • 3 course meal at University house for an employee
  • Cocktail party for employees and others
  • Birthday lunch for an employee
  • Social Friday afternoon drinks for employees
Entertainment fringe benefits
Examples of items that might give rise to a property benefit if given to an employee (to keep) by ANU include:
  • Long service awards (e.g. watch) - Note there are some FBT concessions for long service awards which will be applied by Finance and Business Services, please report any long service gifts.
  • Computer/office equipment
  • Staff awards (e.g. gift vouchers, goods - does not include trophies/medallions/plaques/certificates)
  • Uniforms (where the uniform is not protective clothing and is not compulsory to wear)
Property fringe benefits
Examples of items that might give rise to an "other" fringe benefit include:
  • ANU loans an employee ANU owned equipment (e.g. a computer, a musical instrument etc) to use for private purposes for a significant period of time (i.e. More than a weekend);
  • ANU organises and pays for an employees child to attend an off-campus childcare centre;
  • ANU charges an employee less than it would charge any other person (or does not charge the employee at all) for a service provided by ANU (e.g. accommodation, an education course) etc
  • ANU organises and pays for private travel (including travel insurance) for an employee or their family (e.g. travel for an employee to visit family);
  • ANU provides an employee with access to sporting or theatrical events on a regular basis.
  • A third party associated with ANU (e.g. a sponsor or supplier) provides an ANU employee with access to sporting or theatrical events on a regular basis.
  • ANU pays for private gas, telephone and electricity accounts for an employee.
Residual fringe benefits

 

The FBT Act also defines a number of benefits that are exempt from FBT - Refer Exempt benefits for further information.