FBT Q&A – Pro rata car fringe benefit


One of our managers was provided with a car for personal and business use. She recently resigned and the car was not provided to the new (replacement) manager or any other employee for private use. When calculating the FBT, can we use a pro rata basis for the calculation based on number of days the car was available to the former manager?

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Disclaimer: This article is based upon information available as at the time of publishing and may be subject to change.