Commonwealth Consolidated Acts

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FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 58G

Exempt benefits--motor vehicle parking

  (1)   Each of the following benefits is an exempt benefit:

  (a)   an expense payment benefit, where:

  (i)   the recipients expenditure is in respect of the provision of motor vehicle parking facilities; and

  (ii)   the benefit is not an eligible car parking expense payment benefit;

  (b)   a residual benefit where the recipients benefit consists of motor vehicle parking facilities.

  (2)   If the employer of an employee is:

  (a)   a scientific institution (other than an institution carried on by a company, society or association for the purposes of profit or gain to its individual shareholders or members); or

  (b)   a registered charity; or

  (d)   a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:

  (e)   an eligible car parking expense payment benefit;

  (f)   a car parking benefit.

  (3)   If:

  (a)   the employer of an employee is a government body; and

  (b)   the employee is exclusively employed in, or in connection with, a public educational institution;

the following benefits provided in respect of the employment of the employee are exempt benefits:

  (c)   an eligible car parking expense payment benefit;

  (d)   a car parking benefit.


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