ATO scrutiny on car parking fringe benefits (March 2020 Client Alert)

| Accounting

If your business provides a car parking space to an employee then you may be subject to car parking fringe benefits tax.

 

The ATO is actively targeting employers who provide car parking fringe benefits to make sure they are satisfying their fringe benefits tax obligations. If you are uncertain about your fringe benefits tax obligations, please contact us immediately as the fringe benefits tax year ends 31 March 2020.

 

To see other March 2020 Client Alerts, go here.

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