Document ID: chunk:federal_register_of_legislation:C2025C00120:front:0:p2
Version: federal_register_of_legislation:C2025C00120
Segment Type: other
Provision Reference: 
Character Range: 2741–5997

fringe benefits
Subdivision A—Car benefits
7 Car benefits
8 Exempt car benefits
8A Exempt car benefits: cars that are zero or low emissions vehicles
Subdivision B—Taxable value of car fringe benefits
9 Taxable value of car fringe benefits—statutory formula
10 Taxable value of car fringe benefits—cost basis
10A No reduction of operating cost in a log book year of tax unless log book records and odometer records are maintained
10B No reduction of operating cost in a non‑log book year of tax unless log book records and odometer records are maintained in log book year of tax
11 Calculation of depreciation and interest
12 Depreciated value
13 Expenditure to be increased in certain circumstances
Division 3—Debt waiver fringe benefits
Subdivision A—Debt waiver benefits
14 Debt waiver benefits
Subdivision B—Taxable value of debt waiver fringe benefits
15 Taxable value of debt waiver fringe benefits
Division 4—Loan fringe benefits
Subdivision A—Loan benefits
16 Loan benefits
17 Exempt loan benefits
Subdivision B—Taxable value of loan fringe benefits
18 Taxable value of loan fringe benefits
19 Reduction of taxable value—otherwise deductible rule
Division 5—Expense payment fringe benefits
Subdivision A—Expense payment benefits
20 Expense payment benefits
20A Exemption—no‑private‑use declaration
21 Exempt accommodation expense payment benefits
22 Exempt car expense payment benefits
Subdivision B—Taxable value of expense payment fringe benefits
22A Taxable value of in‑house expense payment fringe benefits
23 Taxable value of external expense payment fringe benefits
24 Reduction of taxable value—otherwise deductible rule
Division 6—Housing fringe benefits
Subdivision A—Housing benefits
25 Housing benefits
Subdivision B—Taxable value of housing fringe benefits
26 Taxable value of non‑remote housing fringe benefits
27 Determination of market value of housing right
28 Indexation factor for valuation purposes—non‑remote housing
Division 7—Living‑away‑from‑home allowance fringe benefits
Subdivision A—Living‑away‑from‑home allowance benefits
30 Living‑away‑from‑home allowance benefits
Subdivision B—Taxable value of living‑away‑from‑home allowance fringe benefits
31 Taxable value—employee maintains a home in Australia
31A Taxable value—fly‑in fly‑out and drive‑in drive‑out employees
31B Taxable value—any other case
Subdivision C—Related provisions
31C Maintaining a home in Australia
31D First 12 months employee is required to live away from home
31E Fly‑in fly‑out and drive‑in drive‑out requirements
31F Declarations
31G Substantiating related expenses
31H Exempt food component
Division 9—Board fringe benefits
Subdivision A—Board benefits
35 Board benefits
Subdivision B—Taxable value of board fringe benefits
36 Taxable value of board fringe benefits
37 Reduction of taxable value—otherwise deductible rule
Division 9A—Meal entertainment
Subdivision A—Meal entertainment
37A Key principle
37AA Division only applies if election made
37AB Employee contributions to be excluded
37AC Meal entertainment benefits
37AD Meaning of provision of meal entertainment
37AE Fringe benefits only arise if employer is provider
37AF No other fringe benefits arise if election made
37AG Some benefits still arise
Subdivision B—50/50 split method