FRINGE BENEFITS TAX ASSESSMENT REGULATIONS 2018
A fringe benefit is prescribed for the purposes of paragraph 5E(3)(i) of the Act if:
(a) the benefit is a car fringe benefit; and
(b) the car to which the benefit relates is applied to or available for the private use of more than one employee under subsection 7(1) of the Act.
Example:
An employer makes one car available to 3 employees, for private use, at different times during the year of tax.
10(2)
The fringe benefit is so prescribed for each employee to whom the benefit is provided.
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