Frequent Flyer Points & FBT – AIR061

 

Business rewards programs such as Qantas Business Rewards have become increasingly popular. With Qantas Business Rewards, points are earned by the business and can then be transferred to anyone including employees. But does this have any Fringe Benefits Tax (FBT) implications?

Also in this episode, Matt gives an update on the trans-Tasman travel bubble and explains how you could renew Virgin Australia Gold status for under $1,000 thanks to a new Velocity Frequent Flyer promotion.

 

Episode contents:

  • 1:00 – Fortnightly news round-up
  • 12:45 – Matt’s trans-Tasman travel experience
  • 17:50 – How successful has the trans-Tasman bubble been so far?
  • 23:02 – Velocity’s generous new bonus status credits offer
  • 27:50 – Feedback – another person who successfully flew from Europe to Australia on points during COVID-19
  • 29:35 – Are there any Fringe Benefits Tax (FBT) implications when transferring Qantas Business Rewards points?

 

Links:

 

Frequent Flyer Gazette articles referenced in the fortnightly news round-up:

The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 70 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can connect with Matt by posting on the Australian Frequent Flyer community forum and tagging @AFF Editor.
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