Taxi travel by an employee is an exempt benefit if the travel is a single trip beginning or ending at the employee’s place of work.
Taxi travel can also be an exempt benefit if it is a result of sickness or injury and the whole or part of the journey is directly between:
-
the employee’s place of work;
-
the employee’s place of residence; and
-
any other place where it is necessary, or appropriate, for the employee to go as a result of the sickness or injury.
This exemption is limited to travel undertaken in a vehicle that is licensed to operate as a taxi by the relevant state or territory. It does not extend to travel undertaken in a ride-sourcing vehicle or other vehicle for hire that does not hold such a licence.
To find out more, please contact your accountant at Rosenfeld Kant on (02) 9375 1200 or email gary@roskant.com.au, raul@roskant.com.au, elias@roskant.com.au
Source: https://www.ato.gov.au/Business/Business-bulletins-newsroom/Employer-information/FBT-and-taxi-travel/