Fringe Benefits Tax Assessment Act 1986

PART III - FRINGE BENEFITS  

Division 13 - Miscellaneous exempt benefits  

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History

Div 13 heading amended by No 139 of 1987.

SECTION 58Z   EXEMPT BENEFITS - TAXI TRAVEL  

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58Z(1)    

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Any benefit arising from taxi travel (otherwise than by limousine) by an employee is an exempt benefit if the travel is a single taxi trip beginning or ending at the employee's place of work.

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S 58Z(1) amended by No 64 of 2020, s 3 and Sch 3 item 67, by inserting " (otherwise than by limousine) " , effective 1 July 2020 and applicable, and are taken to have applied, to the FBT year starting on 1 April 2019 and to later FBT years.

S 58Z(1) substituted by No 16 of 1999.

58Z(2)    
Any benefit arising from taxi travel (otherwise than by limousine) by an employee is an exempt benefit if the travel:

(a) is as a result of sickness of, or injury to, the employee; and

(b) is the whole or a part of the journey directly between any of the following:

(i) the employee's place of work; or

(ii) the employee's place of residence; or

(iii) any other place that it is necessary, or appropriate, for the employee to go as a result of the sickness or injury.

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History

S 58Z(2) amended by No 64 of 2020, s 3 and Sch 3 item 67, by inserting " (otherwise than by limousine) " , effective 1 July 2020 and applicable, and are taken to have applied, to the FBT year starting on 1 April 2019 and to later FBT years.

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History

S 58Z inserted by No 145 of 1995.

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