• Property fringe benefits



    This information forms Chapter 17 of Fringe benefits tax - a guide for employers.

    Remember, a fringe benefit may be provided by another person on behalf of an employer. It may also be provided to another person on behalf of an employee (for example, a relative).

    End of attention

    17.1 What is a property fringe benefit?

    A property fringe benefit arises when you (the employer) provide an employee with free or discounted property.

    For fringe benefit tax (FBT) purposes, property includes:

    • goods (including gas and electricity, unless provided through a reticulation system) and animals
    • real property, such as land and buildings
    • rights to property, such as shares or bonds.

    Benefits specifically covered by earlier chapters of this guide are excluded from being property fringe benefits.

      Last modified: 02 Jun 2014QC 17815