There are three possible ways to calculate FBT on cars. See: Class Ruling CR 2022/35 Urban Mobility Pty Ltd – use of an electric bicycle by an employee. This is consistent with Class Ruling CR 2015/80. It is considered that a residual benefit as described in section 45 arises from the employee’s use of an e-bike. See also: Residual Fringe benefits Ruling: Provision of e-bike not a car benefit (it’s a residual benefit)Ī Class Ruling issued covering salary packaging arrangements with Urban Mobility Pty Ltd for the provision of electric bicycles has confirmed that a car benefit does not arise. (See Bantacs discussion of this topic here.)Ĭar running costs for a vehicle which is already subjected to an FBT calculation valued under the statutory formula method, and the total of expenses (if any) paid by the employee are also excluded.Ī vehicle garaged at (or near) home is considered to be available for private use. Regular shopping trips or taking kids to or from school are not. The ATO provides the example of occasional use of the vehicle to remove domestic rubbish as being with the exemption. “minor, infrequent and irregular” usage is considered quite strictly. non-work-related use that is minor, infrequent and irregular.incidental travel in the course of performing employment-related travel.The following vehicle usages are exempt from FBT: However non-exempt private use can be taxed as a residual fringe benefit. Other vehicles such as panel vans and utilities designed to carry a load of 1 tonne or more do not meet the definition of “car” and therefore do not fall within the car FBT rules.
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