| Year |
Tax Rate |
Year |
Gross-up Rate Entitled to input tax credit |
Gross-up Rate Not entitled to input tax credit |
| 2009 |
46.5% |
2009 |
2.0647 |
1.8692 |
| 2008 |
46.5% |
2008 |
2.0647 |
1.8692 |
| 2007 |
46.5% |
2007 |
2.0647 |
1.8692 |
| 2006 |
48.5% |
2006 |
2.1292 |
1.9417 |
| 2005 and earlier |
48.5% |
2005 and earlier |
2.1292 |
1.9417 |
| Reportable Fringe Benefits |
| Threshold for reporting on payment summaries |
2005/06 |
2006/07 |
2007/08 |
2008/09 |
Pay By Instalments Threshold |
| Taxable Value |
$1,000 |
$1,000 |
$2,000 |
$2,000 |
If a client’s FBT liability last year was $3000 or more they will need to pay four quarterly instalments |
| Grossed-up value |
$1,943 |
$1,869 |
$3,738 |
$3,738 |
| Year Ending |
Rate |
| 2005//06 |
$6,223 |
| 2006/07 |
$6,391 |
| 2007/2008 |
$6,614 |
| 2008/2009 |
$6,766 |
| 2009/2010 |
$7,063 |
|
Statutory Rate For Car Benefits |
|
Total Kilometres Travelled |
Statutory Rate |
|
Less than 15,000 km |
26% |
|
15,000 - 24,999 km |
20% |
|
25,000 - 40,000 km |
11% |
|
over 40,000 km |
7% |
| Engine Capacity |
Year End March 2006 |
Year End March 2007 |
Year Ended March 2008 |
Year Ended March 2009 |
Year Ended March 2010 |
| Under 2500 cc |
39 c/km |
40 c/km |
41 c/km |
42 c/km |
44 c/km |
| Over 2500 cc |
47 c/km |
48 c/km |
48 c/km |
51 c/km |
53 c/km |
| Motor Cycle |
12 c/km |
12 c/km |
12 c/km |
13 c/km |
13 c/km |
|
Car purchased < 1/7/2002 |
22.50% |
|
Car purchased > 1/7/2002 |
18.75% |
|
From 01/04/2008 |
|
|
Cars purchased >10/5/2006 |
25.00% |
| Engine Capacity |
Year End March 2006 |
Year End March 2007 |
Year Ended March 2008 |
Year Ended March 2009 |
Year Ended March 2010 |
| Under 2500 cc |
39 c/km |
40 c/km |
41 c/km |
42 c/km |
44 c/km |
| Over 2500 cc |
47 c/km |
48 c/km |
49 c/km |
51 c/km |
53 c/km |
| Motor Cycle |
12 c/km |
12 c/km |
12 c/km |
13 c/km |
13 c/km |
| Year Ending |
Rate |
| 31/03/2001 |
$5.46 |
| 31/03/2002 |
$5.79 |
| 31/03/2003 |
$5.96 |
| 31/03/2004 |
$6.16 |
| 31/03/2005 |
$6.28 |
| 31/03/2006 |
$6.43 |
| 31/03/2007 |
$6.62 |
| Year Ending |
Rate |
| 31/03/2008 |
$6.78 |
| 31/03/2009 |
$7.07 |
| 31/03/2010 |
$7.25 |
| Benchmark Interest Rate |
Div 7A Loans Interest Rate |
| Year Ending |
Rate |
Year Ending |
Rate |
| 31/03/2001 |
7.30% |
30/06/2001 |
7.80% |
| 31/03/2002 |
7.55% |
30/06/2002 |
6.80% |
| 31/03/2003 |
6.05% |
30/06/2003 |
6.30% |
| 31/03/2004 |
6.55% |
30/06/2004 |
6.55% |
| 31/03/2005 |
7.05% |
30/06/2005 |
7.05% |
| 31/03/2006 |
7.05% |
30/06/2006 |
7.30% |
| 31/03/2007 |
7.30% |
30/06/2007 |
7.55% |
| 31/03/2008 |
8.05% |
31/03/2008 |
8.05% |
| 31/03/2009 |
9.00% |
31/03/2009 |
9.00% |
| 31/03/2010 |
5.85% |
31/03/2010 |
5.85% |
|
1 Apr 2005 to 31 Mar 2006 |
1 Apr 2006 to 31 Mar 2007 |
1 April 2007 to 31 March 2008 |
1 April 2008 to 31 March 2009 |
1 April 2009 to 31 March 2010 |
|
Gross Rates |
Normal Food Cost |
Additional Expenses, no FBT |
Gross Rates |
Normal Food Cost |
Additional Expenses, no FBT |
Gross Rates |
Normal Food Cost |
Additonal Expenses, no FBT |
Gross Rates |
Normal Food Cost |
Additonal Expenses, no FBT |
Gross Rates |
Normal Food Cost |
Additonal Expenses, no FBT |
| 1 adult |
$180 |
$44 |
$136 |
$191 |
$46 |
$145 |
$206 |
$49 |
>$157 |
$211 |
|
|
$221 |
|
|
| 2 adults |
$289 |
$88 |
$201 |
$306 |
$92 |
$214 |
$330 |
$99 |
$231 |
$338 |
|
|
$354 |
|
|
| 3 adults |
$326 |
$131 |
$195 |
$344 |
$137 |
$207 |
$370 |
$147 |
$223 |
$379 |
|
|
$397 |
|
|
| 2 adults + 1 or 2 children |
$326 |
$131 |
$195 |
$344 |
$137 |
$207 |
$370 |
$147 |
$223 |
$379 |
|
|
$397 |
|
|
| 2 adults + 3 children |
$379 |
$153 |
$226 |
$401 |
$159 |
$242 |
$432 |
$171 |
$260 |
$442 |
|
|
$463 |
|
|
| 3 adults + 1 child |
$379 |
$153 |
$226 |
$401 |
$159 |
$242 |
$432 |
$171 |
$260 |
$442 |
|
|
$463 |
|
|
| 3 adults + 2 children |
$433 |
$175 |
$258 |
$458 |
$182 |
$276 |
$493 |
$196 |
$297 |
$505 |
|
|
$529 |
|
|
| 4 adults |
$433 |
$175 |
$258 |
$458 |
$182 |
$276 |
$493 |
$196 |
$297 |
$505 |
|
|
$529 |
|
|
| Additional child |
$54 |
|
|
$57 |
|
|
$61 |
|
|
$65 |
|
|
$65 |
|
|
| Additional adult |
$110 |
|
|
$115 |
|
|
$124 |
|
|
$133 |
|
|
$133 |
|
|
|
NSW |
VIC |
QLD |
SA |
WA |
TAS |
ACT |
NT |
| 2010 |
1.072 |
1.062 |
1.096 |
1.053 |
1.127 |
1.046 |
1.078 |
1.1 |
| 2009 |
1.045 |
1.044 |
1.073 |
1.041 |
1.097 |
1.054 |
1.059 |
1.072 |
| 2008 |
1.023 |
1.019 |
1.057 |
1.034 |
1.053 |
1.049 |
1.031 |
1.054 |
| 2007 |
1.015 |
1.013 |
1.048 |
1.029 |
1.025 |
1.036 |
1.029 |
1.034 |
| 2006 |
1.018 |
1.017 |
1.044 |
1.033 |
1.025 |
1.043 |
1.067 |
1.021 |
| 2005 |
1.01 |
1.016 |
1.036 |
1.034 |
1.016 |
1.033 |
1.053 |
1.01 |
| 2004 |
1.022 |
1.026 |
1.026 |
1.03 |
1.018 |
1.029 |
1.052 |
1.004 |
| 2003 |
1.041 |
1.027 |
1.02 |
1.029 |
1.018 |
1.023 |
1.052 |
0.995 |
| 2002 |
1.039 |
1.031 |
1.014 |
1.027 |
1.023 |
1.011 |
1.044 |
0.984 |
| 2001 |
1.035 |
1.026 |
1.007 |
1.023 |
1.019 |
0.993 |
1.008 |
1.038 |
| 2000 |
1.042 |
1.037 |
1.008 |
1.019 |
1.015 |
0.996 |
0.985 |
1.007 |
| 1999 |
1.037 |
1.039 |
1.006 |
1.024 |
1.013 |
1.011 |
0.991 |
1.029 |
| 1998 |
1.044 |
1.031 |
1.01 |
1.004 |
1.01 |
1.009 |
0.987 |
1.036 |
TD 2008/12 - Car parking 2009
TD 2007/17 - Car parking 2008
TD 2006/37 - Car parking 2007
TD 2005/18 - Car parking 2006
TD 2004/16 - Car parking 2005
TD 2003/14 - Car parking 2004
TD 2008/7 - FBT Benchmark interest rate 2009
TD 2007/10 - FBT Benchmark interest rate 2008
TD 2006/24 - FBT Benchmark Interest Rate 2007
TD 2005/8 - FBT Benchmark Interest Rate 2006
TD 2004/12 - FBT Benchmark Interest Rate 2005
TD 2003/8 - FBT Benchmark Interest Rate 2004
TD 2008/3 - LAH Reasonable Food Component 2009
TD 2007/9 - LAH Reasonable Food Component 2008
TD 2006/23 - LAH Reasonable Food Component 2007
TD 2005/12 - LAH Reasonable Food Component 2006
TD 2004/8 - LAH Reasonable Food Component 2005
TD 2003/5 - LAH Reasonable Food Component 2004
|
