Australian Chamber of Commerce and Industry backs #FITnotFBT campaign
The Australian Chamber of Commerce and Industry (ACCI) have thrown their support behind Fitness Australia's #FITnotFBT campaign. The campaign proposes to extend the Fringe Benefits Tax (FBT) exemption to apply to all fitness services. Kate Carnell, CEO of ACCI says that the provision of fitness services to employees shouldn't be dictated by the size of the business.
"Regardless of where the services are provided, they deliver the same benefits to the employee, the business and the community. So the tax treatment shouldn't be any different either. That is why ACCI supports the #FITnotFBT campaign."
"With 99% of Australian businesses being small and medium enterprises, ACCI launched the "Small Business: Too big to ignore" campaign in 2013. We'll help deliver the message to Government that a healthy, productive workforce cannot be achieved unless small business can access the same incentives as big business." - Kate Carnell
Right now, big businesses with on-site fitness services are exempt from paying FBT.
However, small businesses who want to provide fitness services to their workers off-site - like at the local gym or park - have to pay 47% tax. It makes providing fitness services to staff cost-prohibitive for 80% of Australian businesses. It isn't fair.
Let's give ALL businesses the same opportunity to boost productivity by keeping staff fit and healthy. Fitness Australia wants the Federal Government to address this inequality. By signing the online form you'll be sending an email to your local Member of Parliament supporting a fitter tax system.
SEND YOUR EMAIL NOW then share it with your colleagues, clients and friends so they can send one too.
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