FBT Cents Per Kilometre For Vehicle Other Than A Car

Taxation Ruling MT 2034 outlines one method of valuing the right to use an employer’s motor vehicle other than a car is to multiply the number of private kilometres travelled by employees in a vehicle during a year by a cents per kilometre rate.

The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2020 are as follows:

2020-21 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 56 cents
Over 2500 cc 67 cents
Motorcycles 17 cents

Reference: Taxation Determination TD 2020/3

 

2019-20 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 55 cents
Over 2500 cc 66 cents
Motorcycles 16 cents

Reference: Taxation Determination TD 2019/3

 

2018-19 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 54 cents
Over 2500 cc 65 cents
Motorcycles 16 cents

Reference: Taxation Determination TD 2018/4


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2017 are as follows:

2017-18 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 53 cents
Over 2500 cc 63 cents
Motorcycles 16 cents

Reference: Taxation Determination TD 2017/4


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2016 are as follows:

2016-17 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 52 cents
Over 2500 cc 63 cents
Motorcycles 16 cents

Reference: Taxation Determination TD 2016/3


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2015 are as follows:

2015-16 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 51 cents
Over 2500 cc 61 cents
Motorcycles 15 cents

Reference: Taxation Determination TD 2015/6


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2014 are as follows:

2014-15 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 50 cents
Over 2500 cc 60 cents
Motorcycles 15 cents

Reference: Taxation Determination TD 2014/6


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2013 are as follows:

2013-14 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 49 cents
Over 2500 cc 59 cents
Motorcycles 15 cents

Reference: Taxation Determination TD 2013/7


The rates to be applied on a cents per kilometre basis for calculating the taxable value of a fringe benefit arising from the private use of a motor vehicle other than a car for the FBT year commencing on 1 April 2012 are as follows:

2012-13 FBT Year
Engine capacity Rate per kilometre
0 to 2500 cc 48 cents
Over 2500 cc 57 cents
Motorcycles 14 cents

Reference: Taxation Determination TD 2012/6


 

 

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This page was last modified 2020-03-25