FBT definition

FBT means Fringe Benefits Tax.

FBT means Fringe Benefits Tax imposed under the Fringe Benefits Tax Assessment Act 1986 (Cth) as in place from time to time.

FBT means Fringe Benefits Tax

Examples of FBT in a sentence

• The manner of the application of the FBT exemption cap is determined by the employer in accordance with the FBT legislation.

• Under the FBT legislation, to be eligible for the FBT exemption cap at the time fringe benefits are provided, the duties of the employment of an employee must be exclusively performed in, or in connection with, a public hospital.

• Instead, the employer pays Fringe Benefits Tax (FBT) on the value of the benefit.

• Where applicants give an employer statement of the value of their fringe benefits, the relevant FBT year is the one completed in the base tax year.For example, for a 2015 AIC Scheme assessment, the relevant year of income will ordinarily be 2013-14.

• A benefit provided by a parish to a member of its ministry staff serving predominantly in pastoral or related duties is exempt from FBT.

More Definitions of FBT

FBT means FBT-Transwest Pty Ltd ACN 110 174 251 carrying on business in its own name and under any business name, its officers, employees, agents, independent contractors and subcontractors;

FBT means First Bank & Trust.

FBT means Fringe Benefits Tax liable under the Fringe Benefits Tax Assessment Act 1986.

FBT means First Bank & Trust in Brookings, South Dakota.

FBT means the amount of tax which has to be paid by the Employee at the time of exercising the Options. This is calculated at certain percentage on the difference between the grant price (i.e Market Price) and the Fair Market Value of the Shares being quoted on the stock exchange on its Vesting date. In case, there is no trading on the Vesting day then the Fair Market Value will be determined based on the price quoted on the previous working day. The Fair Market Value will be calculated as per the relevant Income Tax Rules

FBT means Firm Backhaul Transportation;

FBT refers to the First Bank & Trust Company where Customer maintains its primary deposit account as identified on the FB&T Commercial Online Banking Enrollment Form (“Enrollment Form”). By signing the Enrollment Form, Customer agrees to the following terms and conditions: