Here's a simpler version:
Q: A client, previously an incorporated association, is shifting to a not-for-profit company regulated by the Australian Criminal Intelligence Commission from July 1, 2017. They're eligible for the Fringe Benefits Tax (FBT) exemption and wonder if they can claim the full-year exemption in both the old entity from April 1, 2017, to June 30, 2017, and the new entity from July 1, 2017, to March 31, 2018.
A: The FBT Act's exemption in section 7A applies to benefits given to employees, regardless of whether the employer is a registered public benevolent institution or endorsed under the ACNC Act. So, it doesn't matter if the entity changes types. The exemption should cover the entire FBT year, no matter the entity type.
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