Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 (145 of 1995)
Schedule 5 OTHER AMENDMENTS OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986
10 Paragraph 10B(b)
Omit the paragraph, substitute:
"(b) the employer specifies the employer's estimate of the number of
business kilometres travelled by the car in the holding period; and
(c) the employer specifies the business use percentage applicable to
the car in relation to the provider for the holding period.".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
