7 April 2022
From 1 July 2021, COVID-19 tests purchased by employees for work purposes will be deductible.
Don’t forget: the existing FBT record-keeping requirements apply. You need to keep all records relating to how you calculated the taxable value of benefits, including the necessary declarations.
Related news items
We have resources available to help you navigate your FBT obligations.
Should you pay your employees a travel or living-away-from-home allowance?
Find out about tools and resources for managing your employees' tax and super.