Hi @GTTax2025,
You cannot automatically reuse the 12-week register from the previous FBT year for the current FBT year, even if there are no changes in the use and number of car parking spaces. The 12-week register method requires you to establish a new register for each FBT year in which you want to use this valuation method.
The 12-week register is one of five methods available to determine the taxable value of car parking fringe benefits. This method requires specific record-keeping for a continuous 12-week period during the FBT year you're calculating the benefit for. Each method has its own specific record-keeping requirements that must be met in the relevant year.
If you want to use the 12-week register method for the current FBT year, you'll need to maintain a new register covering a continuous 12-week period within this FBT year. The register must show how you calculated the taxable value of the car parking fringe benefit for that period.
You can find detailed information about the 12-week register method and the specific records you need to keep in the FBT guide at section 16.2.1, which covers the taxable value summary of methods for car parking benefits. This will help you understand the requirements for establishing a valid register for the current year.
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