MT 2023 - Fringe benefits tax : taxable value of new demonstrator motor vehicles and used car stock of motor vehicle dealers available for private use of employees.

PREAMBLE Section 7 of the Fringe Benefits Tax Assessment Act 1986 sets out the circumstances in which a car benefit will be taken to arise for fringe benefits tax purposes. 2. A statutory formula is specified in section 9 of the Act as one of the alternative methods that may be used in determining the...