Fringe benefits tax initiatives
Eligible work-related items – the FBT exemption for certain work-related items (e.g., laptop computers, personal digital assistants and tools of trade) will only apply where the item is used primarily for work purposes, for items purchased after 13 May 2008.
However, FBT exempt work-related items purchased after 13 May 2008, employees will be denied depreciation deductions. For items purchased before this time, depreciation will be denied for the 2009 and later income years.