Tax Laws Amendment (2011 Measures No. 5) Act 2011 (62 of 2011)
Schedule 5
Part 1 Amendments commencing on Royal Assent
Fringe Benefits Tax Assessment Act 1986
7 Subsection 136(1)
Insert:
annualised number of whole kilometres travelled during an FBT year, by a car in respect of which a car fringe benefit is provided during the FBT year, is the number calculated in accordance with the following formula:
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).
