Fringe Benefits Tax - University Motor Vehicles
University employees are not permitted to take University School/Division or Pool Vehicles to their place of residence for overnight parking or garaging as this would make the University liable for payment of Fringe Benefits Tax.
Payment of FBT does not apply, however, when a University vehicle is taken to an employee's place of residence overnight for the specific purpose of commencing a business journey early the next morning.
Heads of Schools/Divisions are to ensure that University vehicles are not garaged or parked at employees' place of residence except as outlined above.
Further information on Fringe Benefits Tax refer to Fringe Benefits Tax Policy or contact Taxation ph. 4921 5130.