Commonwealth Consolidated Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 58F

    Where:

  (a)   a car benefit, an expense payment benefit, a property benefit or a residual benefit is provided in, or in respect of, a year of tax in respect of the employment of an employee of an employer;

  (b)   the benefit is in respect of relocation transport; and

  (c)   in the case of an expense payment benefit:

  (i)   the benefit is not constituted by the reimbursement of the recipient, in whole or in part, in respect of an amount of a Division   28 car expense incurred by the recipient in relation to a car owned by, or leased to, the recipient, being a reimbursement calculated by reference to the distance travelled by the car; and

  (ii)   documentary evidence of the recipients expenditure is obtained by the recipient and that documentary evidence, or a copy, is given to the employer before the declaration date;

the benefit is an exempt benefit in relation to the year of tax.