From www.pwc.com.au: Employers providing car parking to employees must be aware of potential Fringe Benefits Tax (FBT) implications for the 2025 FBT year, particularly concerning the valuation and calculation of car parking fringe benefits.

Conditions for FBT liability include the parking location being near a commercial parking station and the parking duration exceeding four hours on specific days.

Employers have various valuation methods to choose from, including the commercial parking station method and the average cost method, and should maintain thorough records to support their chosen approach.