29 Mar 077 FBT: exemption threshold 2007-08 - TD 2007/7This final Taxation Determination was issued on 28 March 2007. It was not previously released in draft form. Its full title is "Fringe benefits tax: for the purposes of s 135C of the Fringe Benefits Tax Assessment Act 1986, what is the exemption threshold for the fringe benefits tax year commencing on 1 April 2007?"
The exemption threshold for the FBT year commencing 1 April 2007 is $6,614. This replaces the amount of $6,391 that applied in the previous year commencing 1 April 2006.
For a copy of TD 2007/7, go here