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