Employee benefits can be a powerful way to attract and retain talent but they often come with costs employers don’t fully consider upfront.In this episode of HR2Go, Karen is joined by Matt Hardy (MRTG Taxes) to unpack the real cost of employee benefits, with a focus on Fringe Benefits Tax (FBT) and the governance required to manage it effectively.From company vehicles and hybrid work arrangements to gift cards and ad hoc perks, this conversation highlights where businesses can unintentionally create tax exposure, compliance risk and unnecessary cost.In this episode, we cover:What FBT is and why it’s often misunderstoodHow everyday benefits can trigger tax exposureWhy policy, record keeping and consistency matterPractical ways to structure benefits to suit your businessThe importance of understanding the full cost upfront