Tuesday, April 14, 2009

Fringe Benefits Cellphones And Laptops


Until 28 February 2009, cellphones and laptops purchased by an employer for the use of an employee was subject to fringe benefit tax on the private use thereof.

Effective 1 March 2009 no fringe benefit tax will be payable:
  • if the asset consists of a telephone or computer equipment which the employee uses mainly for purposes of the employer's business

  • on any communication service provided to an employee if the service is used mainly for the purposes of the employer's business.
Greg Beykirch
Financial Manager

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