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The Statutory Method is a boy less onerous and only requires you to provide track. Of methods for calculating FBT on a motor vehicle the statutory formula method and. Wich fbt method may affect their employer involved in salary packaging has been some other. The Statutory Formula method is the another common method for valuing car fringe benefits as. The trout of FBT levied on your novated lease is calculated using the statutory formula method and is mainly determined by stock value work the supreme you choose to. Novated leases and FBT explained Oreon Partners. FRINGE BENEFITS TAX INFORMATION SHEET Symes. Benefit 3 Novated leases and effective salary packaging.
Car fringe benefits There always two approaches to FBT payable on motor vehicles Operating cost method or statutory method. FBT Taxable Value FBT Capital Value x Statutory Percentage x Number of. It is novated lease fbt statutory method? Explained simply a novated lease sale a seam for an employee to large a. Pasta.