Unit 3: FBT and Car Parking - 2024

Name: Unit 3: FBT and Car Parking - 2024
Uploaded: 2024-04-02T02:45:05.000Z
Duration: 5592 s
Description: Dive into FBT and car parking, including key definitions, how to value and calculate FBT on a car parking benefit, and more.

By Paul Mather

1h 33m CPD time

Intermediate

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Dive into FBT and car parking, including key definitions, how to value and calculate FBT on a car parking benefit, and more.

In this session, we cover:

Recap of the case study
Myths, Mistakes & Misunderstandings
FBT thought process for car parking
Exceptions and exemptions
Conditions & key benefits
What is a commercial car parking station?
Is there liability for FBT?
Calculating the taxable value
Calculating the FBT liability
Strategies to manage car parking & FBT

Date recorded: 19 April 2024