LLTC/LTC - FBT.

[Guest]

whether LLTC/LTC WILL COME UNDER FBT.

[Guest]

LTC component would attract FBT in the hands of the company.

AI Summary

Fringe Benefit Tax: LTC component treated as a fringe benefit, attracting tax in the employer's hands. The advisory states that the LTC component qualifies as a taxable fringe benefit and attracts FBT in the hands of the company, with the employer/company treated as the taxable entity for this benefit.