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Notes Online Home 2019 FBT What’s new for FBT in 2019
Recent development confirms FBT windfall for cars parked at work whilst employees holiday
In this segment of the seminar notes we will discuss recent developments confirming FBT windfall for cars parked at work whilst employees holiday:
- Fundamentals of valuing car fringe benefits under the operating cost method
- How can reductions under the operating cost method occur for days a car is ‘unavailable for private use’?
- When is a car ‘unavailable for private use of an employee’ such that a car benefit does not arise
- Making a reduction to the ‘operating costs of a car’ for a periods that a car fringe benefit does not arise
- Which car operating costs can be excluded during periods a car fringe benefit does not arise?