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:
- AFF on Air Discussion thread – a dedicated AFF thread to discuss the podcast and ask questions
- Qantas Trans-Tasman A330 Business Class Review (May 2021)
- Many Qantas Trans-Tasman Flights Cancelled
- How to Maximise Velocity’s Bonus Status Credits Offer (May 2021)
- Current Virgin Australia Discount Codes
- Fringe Benefits Tax information from Cooper Partners
- ATO guidance on FBT when transferring points from a business account
Frequent Flyer Gazette articles referenced in the fortnightly news round-up:
- Overview of Australian State Border Restrictions
- How to Book a Qantas 787 Domestic Flight
- Virgin Adds Domestic Routes, Delays International Restart
- Rex to Break Canberra-Melbourne Duopoly
- Rex Introduces In-Flight Wifi
- IT Outage Causes Major Virgin Australia Delays
- Major Qantas Call Centre Changes
- Qantas Adds to Points Club Perks
- The Most Expensive Domestic Flights in Australia
