Car Parking FBT Calculator
Check whether employer-provided parking creates a fringe benefit and estimate taxable value and FBT using the current $11.48 threshold.
Must exceed $11.48 for the FBT year ending 31 March 2027.
What this parking FBT estimate covers
The calculator screens the core conditions and the common exempt-employer and small-business pathways. Its daily value field lets you enter the amount produced by the commercial parking station, market value, average cost or another permitted valuation method.
Actual annual taxable value can require a 12-week register, statutory formula, spaces method or representative records. Disabled parking, ad hoc minor benefits and special employer categories can also change the result.
Frequently asked questions
What has to happen for employer car parking to trigger FBT?
A car parking fringe benefit generally arises when the parking is at or near the employee's primary workplace, the car is parked for more than four hours between 7 am and 7 pm, the trip is for home-to-work travel, and a commercial parking station within 1 km charged more than $11.48 for all-day parking on the first business day of the FBT year. If any condition fails, no car parking benefit arises.
Are any employers exempt from car parking FBT?
Yes. Some employers — including certain exempt not-for-profit and public benevolent employers, and small businesses that meet the ATO's turnover and other conditions — don't pay FBT on car parking benefits even where the other conditions are met. Selecting the relevant exemption in the calculator produces a nil result.
How is the daily taxable value of a car parking benefit worked out?
Employers can use the commercial parking station method, the market value method, the average cost method or a statutory formula, depending on which records they keep. The annual taxable value across all benefit days can also use a 12-week register, statutory formula or spaces method rather than a straight daily-value calculation.
What FBT year does the car parking threshold apply to?
The FBT year runs from 1 April to 31 March. The $11.48 commercial parking station threshold used here applies from the first business day of that FBT year and is indexed periodically.
Do employee contributions reduce car parking FBT?
Yes. Any amount the employee pays toward the parking with after-tax dollars reduces the taxable value before grossing up, which can reduce the FBT payable to nil if the contribution covers the full daily value across all benefit days.
Tax Accuracy & Sources
Screens core car parking benefit conditions and estimates FBT from a user-supplied daily taxable value and benefit-day count. Final valuation method elections, registers and exemptions require employer records.