Did anyone else know there was such a thing as the Fringe Benefits Tax year running from the 1st of April to the 31st of March?
No NEITHER DID I!
(This has really messed up my laptop plans.)
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4 comments:
i have heard of fringe benefits tax before but i didn't think it affected real people. how does it affect you?!
It means I can only salary package one laptop per year, before I have to pay fringe benefit tax. Which was fine until I realised it was out of sync with the financial calendar. Grrr.
Grr indeed. So, are you buying more than one laptop per year? I want a lappy, but I don't even have a land line at home, so I don't know about organising internet, which is what I would want it for.
It's complicated. I was thinking about getting one for Tom because it's almost 50% cheaper, and also it was nice having the financial year deadline so I couldn't keep putting off getting my own. But it turns out Tom can salary package his own laptop, and I still should get mine by the end of the financial year for tax reasons. So I guess it hasn't really changed that much - I just freaked out a bit when I first realised.
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