Taxation Laws Amendment (FBT Cost of Compliance) Act 1995 (145 of 1995)
Schedule 5 OTHER AMENDMENTS OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986
28 Section 123A
Repeal the section, substitute:
When business use percentage and estimate of business kilometres must
be specified
"123A. If a provision requires a business use percentage or an
estimate of the number of business kilometres to be specified, it must
be specified in writing on or before the declaration date for the FBT
year.".
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