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29 Mar 07 FBT: exemption threshold 2007-08 - TD 2007/7

This 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

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