Car Parking (University Provided)
Description
An employee may elect to salary package the cost of the University’s car parking expense.
What is allowable?
The cost of car parking expenses where all of the following apply:
- The car is parked for a period of more than 4 hours between 7 am and 7 pm.
- The car park is at or in the vicinity of the employee’s normal place of work.
- The car is used to travel between the employee’s place of residence and their normal place of work.
Taxation issues / status
No FBT applies. Universities are exempt from FBT on this benefit.
Substantiation Documentation
Nil
Form of Payment
Regular fortnightly deductions will be made from your gross salary.
Package Cost
The cost of the car parking as determined by the University. There is no administrative charge.
Other Information
To apply for a car parking permit you need to contact the University’s Security and Traffic Office.
How to Apply
Complete the Salary Packaging HR32 form and send it to Human Resources.