FBT 2025 – Explore the expanded FBT Car Parking Liabilities

Car Parking FBT Essentials for Success – Your complete guide for 2025 FBT Reporting – unravelling the complex FBT rules on Car Parking to save you time, eliminate headaches and minimise your liability

The FBT car parking rules are complex, including controversial recent changes, and require careful consideration to ensure employers are not only compliant but also minimise the FBT liability where possible.

Recent changes to the ATO guidance in Taxation Ruling 2021/2 and Chapter 16 of the ATO’s FBT Employer guide will be discussed.

Many employers (and their advisors) are unsure of whether FBT applies to the parking provided to employees, and how to value the car parking benefits. It is no wonder that many employers either overpay FBT, underpay FBT or just ignore the obligation fully or partially – actual examples will be shared to illustrate all of these employer scenarios.

Learning Outcomes:

Attendees will be provided with:

• An explanation of the latest car parking rules including recent ATO interpretations
• A detailed explanation of the new rules and who will be impacted
• A clear understanding of how to determine if an FBT liability for employer provided car parking exists for the FBT year ended 31 March 2025;
• An explanation, with practical examples, of fundamentals errors or misunderstandings, in assessing whether a liability to FBT exists
• A detailed analysis of when a car parking benefit is being provided and when it is not being provided, including general public accessibility to a car parking facility
• An explanation of why car parking included in a commercial lease gives rise to a FBT liability
• Why online car parking operators are considered commercial parking station providers
• A process for identifying if taxable car parking is provided;
• A detailed explanation of the 3 methods available for counting the number of car parking benefits;
• A detailed explanation of the 3 methods available for valuing car parking benefits;
• Key solutions for minimizing FBT liabilities;
• An explanation of the ATO concerns with valuations and how to avoid ATO scrutiny;
• Examples of recent ATO audit activity on car parking; and
• Common errors and dispelling the many myths associated with car parking & FBT.

This session is suited to those in practice or in-house roles, from beginners to advanced.

Suited to:

This session is suited to all Employer types who provide Car Parking to employees, including Corporates, SME’s, Not for Profits and Local, State and Federal Government and Accounting firms.

FBT Return preparers and reviewers, including Accountants, Tax Accountants, Financial Accountants, Finance Managers, Tax Agents, Tax Practitioners and their teams.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation