Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (49 of 2026)

Schedule 4   Standard deduction for work-related expenses

Part 2   Amendment of the Fringe Benefits Tax Assessment Act 1986

Fringe Benefits Tax Assessment Act 1986

19   Subsections 58X(2) to (5)

Repeal the subsections, substitute:

(2) Each of the following is an eligible work related item if it is primarily for use in the employee's employment and it is not provided to the employee under a salary packaging arrangement:

(a) a portable electronic device;

(b) an item of computer software;

(c) an item of protective clothing;

(d) a briefcase;

(e) a tool of trade.