Advice under development – FBT issues

We are developing advice and guidance on the following FBT issue.

• [4038] Car parking fringe benefits [UPDATED]

[4038] Car parking fringe benefits

Title
Addendum to TR 2021/2
Fringe benefits tax: car parking benefits

Purpose
Following the decision by the Full Federal Court in Commissioner of Taxation v Virgin Australia Regional Airlines Pty Ltd [2021] FCAFC 209, Taxation Ruling TR 2021/2 will be amended to confirm the Commissioner’s views on the meaning of ‘primary place of employment’ for the purposes of the car parking benefit provisions in the Fringe Benefits Tax Assessment Act 1986.

Expected completion
November 2022

Contact
PAGSEO@ato.gov.au

For more information, see Decision impact statement Commissioner of Taxation v Virgin Australia Regional Airlines Pty Ltd [2021] FCAFC 209.

Title
Update to Chapter 16 of the Fringe benefits tax – a guide for employers

Purpose
The draft update to Chapter 16 – Car parking fringe benefits will be finalised to provide practical guidance on the application of the car parking FBT law, including the meanings of 'commercial parking station' and 'primary place of employment', to complement Taxation Ruling TR 2021/2.

Expected completion date
Early 2023

Contact
PAGSEO@ato.gov.au