10 May 07 FBT: car parking threshold for 2007-08 - TD 2007/17This final Taxation Determination was issued on 9 May 2007. It was not previously released as a draft. Its full title is "Fringe benefits tax: for the purposes of s 39A of the Fringe Benefits Tax Assessment Act 1986 what is the car parking threshold for the fringe benefits tax year commencing on 1 April 2007?" The answer given is:
"The car parking threshold for the fringe benefits tax (FBT) year commencing on 1 April 2007 is $6.78. This replaces the amount of $6.62 that applied in the previous year commencing 1 April 2006."
For a copy of TD 2007/17, go here