It's finally here, the most comprehensive Entertainment Review calculator you've ever seen. This calculator helps you analyse your client's Entertainment spend for the year and gives you practical outcomes on whether you can claim the Goods and Services Tax (GST), whether the costs are deductible, whether the costs are subject to Fringe Benefits Tax (FBT), whether the costs are capable of being reimbursed and whether the cost is a Reportable Fringe Benefit. There is a comprehensive How to Use this Calculator tab that walks you through the various steps. There is an easy to use step by step flow chart that again, walks you through the steps and there is an example that hopefully will guide you on your way. Now before anyone says "Minor and Infrequent" benefit, do you realise you need to go through several steps BEFORE you can apply the Minor and Infrequent exemption? The calculator takes you through about nine steps BEFORE you get to the Minor and Infrequent choices. NINE....It also has a comprehensive set of guard rails that warn you if you entering incorrect data, including analysing whether that 12 Week Register of yours is valid. This is by far the most detailed and difficult calculator we've created here at BTS, but it is worth the wait. Are you not entertained??!!
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