Mr Taxman
Change the way you feel about taxes.
Get informed and discover what the taxman doesn't want you to know.
Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
  • click to visit Mr Taxman on Twitter
  • click to visit Mr Taxman on FaceBook
  • rss

FBT car parking threshold for 2011-2012 FBT year

Jun 02, 2011


Here is one of those annoying little thresholds that I seem to take forever to find each year when I am doing FBT returns ...

The fringe benefits tax car parking threshold for the FBT year commencing 1 April 2011 is $7.71. This replaces the amount of $7.46 that applied in the previous year commencing 1 April 2010.


The new threshold is set out in Taxation Determination TD 2011/14, entitled "Fringe benefits tax: for the purposes of section 39A of the Fringe Benefits Tax Assessment Act 1986 what is the car parking threshold for the fringe benefits tax year commencing on 1 April 2011?", which was issued by the ATO on 25 May 2011. The threshold is indexed annually.



Tags: Company taxEmployersFBTSmall BusinessTravel

Author: Mr Taxman

Comments

Post a New Comment

Media Availability

Are you interested in booking Mr Taxman for a speaking engagement or requesting his viewpoints for an article?

comments-rhsLatest Comments

  • "Are you in need of a loan? we offer all kinds of loan like Personal loans, Debt Consolidation Loan, Venture Capital, Business Loan, Educational Loan, Home Loan, and Loan for any reason and urgent..."

    By: Mr ROSALES at Oct 18, 2018 1:00AM

    Post: The secret to getting your loan approved

  • "Do you need loan to pay your bills? Do you need Personal or business loan? Need a loan for various other purposes? If yes, please contact us today at (easyloanfirm122@gmail.com) for a loan...."

    By: Robert at Oct 17, 2018 1:14PM

    Post: The secret to getting your loan approved

  • "- I am Mr.Doiminic, the personal, legitimate and Approved borrower. I want to use this medium for you I can provide reliable recipients I will give you 3% Interest rate for the..."

    By: Dominic at Oct 17, 2018 12:53PM

    Post: Borrowing to buy shares

  • "Are you in need of a loan? we offer all kinds of loan like Personal loans, Debt Consolidation Loan, Venture Capital, Business Loan, Educational Loan, Home Loan, and Loan for any reason and urgent..."

    By: Mr ROSALES at Oct 17, 2018 8:17AM

    Post: The secret to getting your loan approved

  • "Hello everyone out there, I'm Patricia, I cannot believe that God really exist not until i was Redeemed and saved from Financial bondage.. l was into financial crisis and needed to pay some bills. l..."

    By: Patricia at Oct 16, 2018 11:13PM

    Post: The secret to getting your loan approved