Summary of the key topics discussed at the Fringe Benefits Tax Stakeholder Group meeting 17 November 2022
Introduction
The Chair opened the meeting with an acknowledgement of country.
Electric vehicles and FBT
The ATO presented a draft guidance document to the group for feedback and discussion. This document was informed by submissions from stakeholder group members, who flagged a range of issues relating to Fringe Benefits Tax (FBT) and electric vehicles (EVs).
The multiple issues covered in the draft document were widely discussed. External group members were invited to provide further written comment after the meeting, and the group agreed to an extraordinary meeting of the group, to be held in December 2022, for the sole purpose of discussing FBT and EVs.
Action item |
EV home charging – draft guidance |
Due date |
30 November 2022 |
Responsibility |
FBT Stakeholder Group members |
Action item details |
Members to review ATO draft guidance and provide their feedback and comments. |
Action item |
Extraordinary group meeting |
Due date |
13 December 2022 |
Responsibility |
FBT Stakeholder Group members |
Action item details |
Members to join this extraordinary meeting to discuss home charging of EVs and FBT. |
Administration of the FBT Stakeholder Group
The annual review of operations of the group was commenced. Members were invited to provide comments and feedback. Other matters discussed include:
- confidentiality arrangements
- use of online platform for transparent, secure, and ongoing communications between group members.
Action item |
FBT Stakeholder Group annual review |
Due date |
30 November 2022 |
Responsibility |
FBT Stakeholder Group members |
Action item details |
Members to provide their feedback / comments on the operations of the group. |
Improved small business tax performance
The ATO presented on the topic of the Digital Transformation, 2030.
Car parking and FBT
Members voiced their view that car parking continues to be an area that requires clarity.
Action item |
Car parking and FBT |
Due date |
To be determined |
Responsibility |
FBT Stakeholder Group members |
Action item details |
Issues register to be posted on the group's communication platform (GovTEAMS). Members to provide comments and/or further contributions. |