Motor vehicle parking
Legislative reference: section 58GExternal Link of the FBTAA.
The following car parking benefits are exempt from FBT:
- residual benefits
- certain expense payment benefits
- parking for the disabled
- benefits provided by certain employers.
Employer-provided parking that is not a car parking fringe benefit is a residual benefit that is exempt from FBT.
Expense payment benefits
Where you pay or reimburse a car parking expense incurred by an employee, it is exempt from FBT if the expense is not a car parking expense payment fringe benefit as explained in section 16.8 of Car parking fringe benefits.
Parking for the disabled (regulation 13A)
Car parking provided for a car used by a disabled employee who is legally entitled to use a disabled person's parking space and has a valid disabled person's car parking permit displayed on the car is exempt from FBT.
You are exempt from FBT in relation to car parking fringe benefits and car parking expense payment fringe benefits if you are one of the following employers:
- a scientific institution (other than an institution run for the purposes of profit or gain to its shareholders or members)
- a registered religious institution
- a registered charity with the Australian Charities and Not-for-profits Commission (ACNC) and endorsed by us
- a public educational institution
- a government body where the employee is exclusively employed in, or in connection with, a public educational institution.