Government reviews FBT

The review, announced this week by Associate Revenue Minister Paul Swain, will not result in a lower tax take.

"We want to know what other areas of FBT are of concern to employers. As a first step, the government is consulting with employers and other interested parties about what issues they think should be covered in the review and how fringe benefit tax compliance costs can be reduced," Mr Swain said.

Submissions to launch the review are requested by Inland Revenue by December 13.

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