INCOME TAX ASSESSMENT ACT 1936

PART III - LIABILITY TO TAXATION  

Division 3 - Deductions  

Subdivision A - General  

SECTION 51AGA   NO DEDUCTION TO EMPLOYEE FOR CERTAIN CAR PARKING EXPENSES  

51AGA(1)   No deduction.  

A deduction is not allowable to an employee under this Act in respect of expenditure to the extent to which it is incurred in respect of the provision of car parking facilities for a car on a day if:


(a) on that day, the employee has a primary place of employment; and


(b) on that day, the car is parked for one or more daylight periods exceeding 4 hours in total at, or in the vicinity of, that primary place of employment; and


(c) the expenditure is in respect of the provision of the parking facilities to which that parking relates; and


(d) on that day, the car was used in connection with travel by the employee between:


(i) the place of residence of the employee; and

(ii) that primary place of employment; and


(e) the provision of parking facilities for the car during the period or periods is not taken, under the regulations, to be excluded from this section; and


(f) the day is on or after 1 July 1993.

51AGA(2)   Definitions.  

In this section:

car
has the same meaning as in the Fringe Benefits Tax Assessment Act 1986 .

daylight period
has the same meaning as in the Fringe Benefits Tax Assessment Act 1986 .

employee
has the same meaning as in the Fringe Benefits Tax Assessment Act 1986 .

place of residence
has the same meaning as in the Fringe Benefits Tax Assessment Act 1986 .

primary place of employment
has the same meaning as in the Fringe Benefits Tax Assessment Act 1986 .


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