We are using the Space method (Statutory) to work out the FBT for car park. A question arise as follows: The car park was cancelled on 31/1/2026. However, there is a notice period of 1 month, so the company has to pay until 28/2/2026. The employee decided to take the train, instead of driving in, so the car park space was not used. Is FBT paying for the month of Feb2026?
Hi @LNSF,
FBT doesn't apply for February 2026 because the car park space was not used by the employee during that month. A car parking fringe benefit only arises on days when all the conditions are met, including that the employee actually drives their car between home and work at least once on that day.
For a car parking fringe benefit to exist on any particular day, the following must all occur:
In your situation, the employee chose to take the train instead of driving in during February 2026. This means the employee did not drive their car between home and work during that month, so one of the essential conditions for a car parking fringe benefit was not met.
15 Apr 2026 · 4 min read time
16 July 2025 · 5 min read time
16 views
1 replies