Hospitality businesses urge Federal Government to dump Fringe Benefits Tax in 2020 Budget – ABC News

Struggling South Australian cafes and restaurants are urging the Australian Government to dump the Fringe Benefits Tax (FBT) in Tuesday’s Federal Budget.
Key points:

• Business SA says cutting the Fringe Benefits Tax would help struggling hospitality businesses
• It would mean the Federal Government would receive $14 million less from South Australia in revenue annually
• Restaurateur Cono Gorgone says cutting the tax would offset fewer customers due to the pandemic

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