Non-porcelain, ceramic tile is among the most economical types of tile flooring. Porcelain ceramic flooring is more expensive than non-porcelain and can be harder to work with. However, it offers greater durability, natural stain resistance, minimal water absorption, and through-bodied color.
Princeton's WordNet (0.00 / 0 votes) Rate this definition: fringe benefit, perquisite, perk (noun). an incidental benefit awarded for certain types of employment (especially if it is regarded as a right). a limousine is one of the fringe benefits of the job.
A âfringe benefitâ is a payment to an employee by their employer, in respect of their employment, that occurs in a different form to cash salary or wages. Fringe Benefits Tax (FBT) is the taxation paid on these employer-provided benefits; however not all fringe benefits are subject to FBT.ll employers fall into one of four different FBT statuses. Rebatable, Charity and Public Health employees are eligible for FBT tax concessions, which allow for a reduction in FBT payable or an FBT exemption. These concessions are limited to a âCapâ and determine the amount of FBT payable (if any).