24.400 CAR PARKING BENEFITS
Car parking on the employer’s business premises or private parking at commercial car parks which is paid or reimbursed by the employer may be subject to FBT. Taxation Ruling TR 96/26 explains the various provisions in full.
24.401 What is a car parking benefit?
A car parking fringe benefit arises only if ALL of the following conditions are satisfied:
- a car is parked on premises or associated premises of the provider
- a commercial car parking station is located within a 1 kilometre radius of the premises at which the car is parked
- the lowest fee charged by the operator of any such commercial parking station located within a 1 kilometre radius for ‘all-day parking’ on the first ‘business day’ of the FBT year is ...