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Car Parking Application

Employers can make a choice between using the statutory method or actual method to determine the taxable value of car parking fringe benefits (or a combination of both)

Employer benefits include:
  • Determining the most tax efficient method of disclosing the taxable value of car fringe benefits (where applicable)
  • Detailed and interactive analytics allows organisations to monitor car parking usage behaviour
  • Organisations can use these analytics to determine whether the statutory method or actual method (or a combination of both) of calculating the taxable value of car parking fringe benefits, results in the most efficient FBT outcome
  • Management can make informed decisions about cost control (e.g. where too many car parking spots are being leased, this can be reduced in the next round of lease renewals)

Book a demo to learn more!

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Automate Your Processes with People & Organisation - FBT

Two technologies from the PwC's Employment Taxes team: - FBT Declarations - Automating the FBT declaration process. - Car Parking Application - Calculating the most tax efficient method to value car parking fringe benefits.

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Adrian James

Director, Employment Taxes Technology, PwC Australia

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