The new FBT rates for 2021/2022 are:
- Single rate = 63.93% (previously 49.25%);
- Alternate rate = 49.25% (previously 43%); and
- Pooling rate = 49.25% (previously 42.86%).
After positive feedback from our earlier presentations, we are hosting one final webinar before the first 2021/22 quarterly calculation is due.
PwC and Taxlab – 17 June 2021 – Webinar registration
Taxlab are pleased to have Josie Goddard of PwC to talk us through the technical FBT changes and help you understand the different options for calculating FBT payable. Josie will use a case study to show the impact of the higher 63.93% FBT rate.
To close, we will showcase how FBT software provide a real opportunity for employers and advisers to save tax, better manage cashflow and efficiently complete the FBT return with automated de minimis, attribution and pooling optimisation as well as sense checks, reports and analytics.
Speakers
Josie Goddard, PwC New Zealand
Josie is a Senior Manager in PwC’s employment tax practice and brings 8 years of experience in advising large employers. She has led many payroll reviews focusing on employment taxes and has managed a number of Inland Revenue reviews and audits. Josie leads PwC’s policy submissions in relation to employment tax and was PwC’s lead specialist in relation to the recent payday reporting changes.
Jeremy Dobbie, Taxlab
Jeremy has over 10 years of experience working at PwC NZ, Thomson Reuters and EY UK, and exclusively with tax & accounting technology since 2013. He joined Taxlab in 2019 to help ensure the compliance needs of accountants and tax professionals are understood and connected with the relevant solution.