PCG 2016/10 - Fleet Cars: simplified approach for calculating car fringe benefits

What this Guideline is about 1. An employer may elect under section 10 of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) to apply the operating cost method to work out the taxable value of car fringe benefits provided to their employees. 2. One component of the operating cost method requires the employer to work out the business...