Are you ready to file fringe benefits tax returns for your not-for-profit organisation? If yes, there are some FBT concessions and rebates available for not-for-profit religious institutions that have been established with the purpose to advance or promote religious activities.

The eligibility requirement needed to file for the FBT concession includes registration as a charity with the Australian Charities and Not-for-profits Commission (ACNC) and getting endorsed by the ATO.

Also, the eligibility is based on the benefits being offered by a religious institution to:

• Religious Practitioners
• Live-In Caregivers
• Domestic Employees
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• For Religious Institutions And Religious Practitioners

When it comes to the benefits offered by the registered religious institutions to religious practitioners, there is an FBT exemption for pastoral duties, teaching or propagation of religious beliefs, and other studies.

• For Religious Institutions And Live-In Residential Caregivers

When it comes to registered religious institutions, the ones involved in caring for elderly or disadvantaged people are provided FBT exempt benefits.

• For Religious Institutions And Domestic Employees

When it comes to benefits for registered religious institutions and domestic employees, the ones providing benefits to live-in and non-live-in domestic employees are FBT exempt in certain circumstances, such as employees’ live-in accommodation, residential fuel, meals and drink.

For live-in employees, the duties must involve domestic or personal services for religious practitioners and the practitioners’ relatives residing with them.

For non-live-in employees, the employee’s duties must involve domestic services for religious practitioners and the practitioners’ relatives residing with them.

Other Applicable FBT Concessions

• Car parking

A car parking fringe benefit and expense payment fringe benefit is exempt from FBT when provided by:

• registered charities
• scientific institutions
• public educational institutions

To know more about the Fringe Benefits Tax exemptions and concessions, feel free to consult our tax accountants at KPG Taxation. Our team will be more than happy to guide and assist you.