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Notes Online Home 2021 FBT Basics Different types of fringe benefits
Car parking fringe benefits
In this section of the notes we discuss car parking fringe benefits. In particular, the following:
- When does a car parking fringe benefit arise?
- How is the taxable value of a car parking fringe benefit calculated?
- Which FBT gross-up rate applies to a car parking fringe benefit?
- Is GST payable in respect of a car parking fringe benefit?
- Record keeping requirements