31 Mar 1111 FBT: exemption threshold 2011-12 - TD 2011/2
On 30 March 2011, the ATO issued Taxation Determination TD 2011/2 entitled "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 2011?"
It was not previously released in draft form.
The exemption threshold for the FBT year commencing on 1 April 2011 is $7,391. This replaces the amount of $7,190 that applied in the previous year commencing 1 April 2010.