❓ Mr. Johnston questions Verve Energy's fringe benefits tax (FBT) expenditure for 2012-2013, specifically regarding entertainment expenses. The answer provides a breakdown of the total FBT, entertainment-related FBT, underlying entertainment expenditure, and a description of the types of entertainment expenses.
AnsweredQoN 1118Legislative Assembly
QuestionView source ↗
I refer to the Fringe Benefits Tax (FBT), and I ask: (a) what was the actual expenditure for Verve on fringe benefits tax for 2012–2013; (b) how much of that was in respect to entertainment; (c) how much was the underlying expenditure that attracted the entertainment FBT; and (d) what are the details of the expenditure?
AnswerView source ↗
Answered
15 October 2013
Responded by
Minister for Energy
Response time
35 days
(a)
$324,756
(b) $55,238
(c) $108,750
(d) The entertainment expense consisted of corporate hospitality, community sponsorship events, stakeholder management and functions specifically for Verve staff including team building events, service awards and corporate development.
$324,756
(b) $55,238
(c) $108,750
(d) The entertainment expense consisted of corporate hospitality, community sponsorship events, stakeholder management and functions specifically for Verve staff including team building events, service awards and corporate development.
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