FRINGE BENEFITS TAX ASSESSMENT ACT 1986
An employee's reportable fringe benefits total for a year of income is the sum of each of the employee's reportable fringe benefits amounts for the year of income in respect of the employee's employment by an employer.
Sylvia employs Angela, who has a reportable fringe benefits amount of $3,000 for the 1999-2000 year of income from her employment by Sylvia.
Angela is also an employee of Geoff, and has a reportable fringe benefits amount of $4,000 for that year of income from her employment by Geoff.
Angela's reportable fringe benefits total for the 1999-2000 year of income is $7,000.
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