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Tax breaks could revitalise CBD bars and restaurants, bring workers back to cities – Sydney Morning Herald

Hotels and parking companies want to cut fringe benefit taxes so workers can park in the city again and bosses can take employees out for lunch.

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Suspending FBT could mean a business could reward an employee with a weekend away and a meal and not be taxed on it, he said.
This is a great initiative to stimulate our sector and also a way cash-strapped businesses can reward employees. It really would be a win for all parties and would make a difference even as a short-term measure.
PwC tax partner Ellen Thomas said providing a temporary exemption for hospitality and parking would have a dual benefit of getting people back to the city and cutting…

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