Car parking can be classed as "meal entertainment"
Many employers choose the 50/50 split method to value their meal entertainment benefits for FBT purposes.
However, many may not be aware that the minor benefit exemption, for benefits which are infrequent and less than $300, is not available where this method is used.
Take, for example, the case of an employee who parks their car at a venue for a work function at which the employer provides food and drink.
If the employer is using the 50/50 method and reimburses the car parking fee, it will be added into the employer's meal entertainment expenses for FBT purposes (i.e., it won't be fully exempt).