{"id":2207,"date":"2017-05-22T14:54:24","date_gmt":"2017-05-22T04:54:24","guid":{"rendered":"https:\/\/www.martinco.com.au\/?p=2207"},"modified":"2017-05-29T15:38:08","modified_gmt":"2017-05-29T05:38:08","slug":"tax-planning-tools-trade-fbt-exempt-items","status":"publish","type":"post","link":"https:\/\/www.martinco.com.au\/tax-planning-tools-trade-fbt-exempt-items\/","title":{"rendered":"Tax Planning: Tools of Trade \/ FBT Exempt Items"},"content":{"rendered":"<h2>The end of the 2016\/17 financial year is almost here, so now\u2019s the time to review your Tools of Trade and FBT Exempt Items to minimise your tax.<\/h2>\n<p><strong>The purchase of Tools of Trade and other FBT exempt items for business owners and employees can be an effective way to acquire equipment with a <a href=\"https:\/\/www.martinco.com.au\/services\/taxation\/\">tax benefit<\/a>.\u00a0<\/strong><\/p>\n<p>Items that can be packaged include Handheld\/Portable Tools of Trade, Notebook Computers, Personal Electronic Organisers, Mobile Phones, Digital Cameras, Briefcases, Protective Clothing, and Computer Software.<\/p>\n<p>If structured correctly, the employer will be entitled to a full tax deduction for the reimbursement payment to the employee (for the cost of the equipment), and the employee\u2019s salary package will only be reduced by the excluding GST cost of the items purchased.<\/p>\n<p><strong>You should buy these items before 30 June 2017.<\/strong><\/p>\n<h3><a href=\"https:\/\/www.martinco.com.au\/contact\/\">Contact us<\/a>\u00a0TODAY before the June 30 deadline for assistance to reduce your <a href=\"https:\/\/www.martinco.com.au\/services\/taxation\/\">tax<\/a>!<\/h3>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The end of the 2016\/17 financial year is almost here, so now\u2019s the time to review your Tools of Trade and FBT Exempt Items to minimise your tax.<\/p>\n","protected":false},"author":1,"featured_media":2206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[70],"tags":[79,77,74,78,76,75,72,71],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax Planning: Tools of Trade \/ FBT Exempt Items - MartinCo<\/title>\n<meta name=\"description\" content=\"The purchase of Tools of Trade and other FBT exempt items for business owners and employees can be an effective way to acquire equipment with a tax benefit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.martinco.com.au\/tax-planning-tools-trade-fbt-exempt-items\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Planning: Tools of Trade \/ FBT Exempt Items\" \/>\n<meta property=\"og:description\" content=\"The purchase of Tools of Trade and other FBT exempt items for business owners and employees can be an effective way to acquire equipment with a tax benefit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.martinco.com.au\/tax-planning-tools-trade-fbt-exempt-items\/\" \/>\n<meta property=\"og:site_name\" content=\"MartinCo\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-22T04:54:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-29T05:38:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.martinco.com.au\/wp-content\/uploads\/2017\/05\/MartinCo-Key-Business-Tax-Strategy-Tools-of-the-trade.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"850\" \/>\n\t<meta property=\"og:image:height\" content=\"446\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Martin Co\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.martinco.com.au\/#website\",\"url\":\"https:\/\/www.martinco.com.au\/\",\"name\":\"MartinCo\",\"description\":\"Chartered Accountants &amp; 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