The impact of Australia's fringe benefits tax for cars on petrol consumption and greenhouse emissions

Yapa, P, Kraal, D and Harvey, D 2008, 'The impact of Australia's fringe benefits tax for cars on petrol consumption and greenhouse emissions', Australian Tax Forum, vol. 23, no. 2, pp. 191-223.


Document type: Journal Article
Collection: Journal Articles

Title The impact of Australia's fringe benefits tax for cars on petrol consumption and greenhouse emissions
Author(s) Yapa, P
Kraal, D
Harvey, D
Year 2008
Journal name Australian Tax Forum
Volume number 23
Issue number 2
Start page 191
End page 223
Total pages 33
Publisher Taxation Institute of Australia
Abstract Petrol consumption has become one of the most important sustainability issues for Australia. The central contention in this article is whether Australia's current Fringe Benefits Tax (FBT) regime is promoting unnecessary mileage (and use of petrol) in salary packaged vehicles to obtain tax concessions under the FBT 'statutory formula method' for cars. This article draws together the results of FBT survey data collected via a questionnaire and from respondents' websites, which has been analysed by the authors. The evidence assembled generally supports the central contention. We have also reviewed and included commentary on similar studies that support our key claim. The findings are important because the questionnaire responses represent a significant sample. The outcomes of our research provide further support for a call to amend the current FBT legislation and therefore foster more environmentally sustainable car salary packaging polices for Australian business.
Subject Taxation Accounting
Keyword(s) fringe benefits tax
petrol consumption
greenhouse emissions
ISSN 0812-695X
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