FBT Solutions

Car Parking Valuation

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1800 FBT SALPAC (1800 328 725)


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1800 FBT SALPAC (1800 328 725)

Salary Packaging

Employers  Employees
1800 FBT SALPAC (1800 328 725)

Salary Packaging

Salary Packaging provides flexible remuneration for Employees and a positive policy inclusion for Employers.

We help our clients understand the complex rules around car parking fringe benefits and provide quality car parking rate reports for FBT returns. Order car parking rates for your FBT return.

Our Car Parking Valuations

fbt-solutions-car-parking-icon2How we can help you

We can help you in a variety of ways including:

  • Reviewing your valuation methodologies
  • Assessing your daily rate calculations
  • Checking on the 1 kilometre radius
  • Reviewing your policies, processes and procedures
  • Reviewing past FBT returns

fbt-solutions-car-parking-icon3Identify Savings

Can we reduce our FBT liability? We can help you to understand the complex rules as they apply to your business by looking at:

  • Alternate valuation methodologies
  • Use of 12 week registers (valid for 5 years)
  • Frequent travellers
  • Restructuring parking arrangements
  • Salary packaging of car parking

How we have saved clients on their historical (ATO refund) and ongoing car parking FBT liability

We have saved clients thousands of dollars on their car parking FBT liability by providing lower commercial parking rates within a 1km radius of their office locations. For example, many employers value their car parking fringe benefits in the Sydney CBD at over $20 per day. In the past, we have been able to source commercial parking rates within a 1km radius as low as $12 per day. The $8 difference per parking space per day can result in significant savings for employers!

We can help you in Identifying the lowest daily rate within 1 kilometer

This is the most significant area where FBT savings can be made.

Whether you value your car parking fringe benefits using any of the following methods or a combination of these methods:

  1. Actual days;
  2. Statutory formula method;
  3. 12 week register method;
  4. Average cost method; or
  5. Commercial parking station method

We can help you to reduce your FBT liability. Companies, Accounting firms and Government organisations request our services for a number of reasons:

Contact us if you would like more information about our car parking rate reports

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