Do I have to pay fringe benifit tax on tours & travels done by me for visiting customers for sales, & after sale service with in waranty period.
FBT on tours & travels
Guest
Fringe Benefit Tax may apply to business tours for customer visits and warranty service when statutory conditions are met. Fringe Benefit Tax applies to tours and travels undertaken to visit customers for sales and for after sale service within a warranty period, provided that the other statutory conditions required for levy of Fringe Benefit Tax are satisfied. (AI Summary)
TaxTMI