It is common for employers to provide fringe benefits to employees as part of its employee attraction or retention strategy. Fringe benefits are non-wage benefits provided by employers to their employees. These benefits are given to employees as part of their overall remuneration packages and can take the form of either goods or services from a GST perspective, dependent on the nature of the fringe benefits provided. There are several GST considerations arising from fringe benefits provided by employers to their employees and these are set out in this paper.

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Content Expires on 1st January 2023