{"id":"C2004L04804","name":"Fringe Benefits Tax Regulations","slug":"fringe-benefits-tax-regulations","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"68 of 1990","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":27657,"registerId":"commonwealth-C2004L04804-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Fringe Benefits Tax Regulations","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nStatutory Rules 1990 No. 681\n\n–––––––\n\nFringe Benefits Tax Regulations\n\nI, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Fringe Benefits Tax Assessment Act 1986.\n\nDated 19 February 1990.\n\nBILL HAYDEN\n\nGovernor-General\n\nBy His Excellency’s Command,\n\nPAUL KEATING\n\nTreasurer\n\n–––––––––\n\nCitation\n\n1. These Regulations may be cited as the Fringe Benefits Tax Regulations.\n\nInterpretation\n\n2. In these Regulations, “the Act” means the Fringe Benefits Tax Assessment Act 1986.\n\nVariation of notional tax amount of employers\n\n3\\. (1) The notional tax amount of an employer ascertained in accordance with subsection 110 (1) of the Act in respect of the year of tax commencing on 1 April 1990 is varied in accordance with the formula:\n\n![](image.002.png)\n\nwhere:\n\nNT is the notional tax amount of the employer in respect of the year of tax commencing on 1 April 1990; and\n\nAT is an amount equal to the fringe benefits tax assessed in respect of the employer in respect of the year of tax commencing on 1 April 1989.\n\n  \n\n(2) For the purposes of subsection 110 (2) of the Act, the prescribed date is 1 April 1990.\n\nNOTE\n\n1\\. Notified in the Commonwealth of Australia Gazette on 27 February 1990.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1898},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a narrow, technical amendment focused solely on varying the notional tax calculation method for the specific 1990 tax year. It remains tightly scoped to this original administrative purpose and has not expanded into broader policy areas."},"complexity_factors":["Only 3 operative provisions total","Single mathematical formula with 2 defined variables","Minimal cross-referencing (only to section 110 of the parent Act)","No conditional logic, exceptions, or nested definitions","Limited defined terms (only 'the Act')"],"plain_english_summary":"**What this does:**\nThis regulation adjusts how employers calculate their estimated Fringe Benefits Tax (FBT) for the 1990 tax year. FBT is a tax on non-cash benefits employers give to staff—things like company cars, subsidised housing, or entertainment expenses.\n\n**The changes:**\n* **New calculation method:** For the tax year starting 1 April 1990, employers subtract their actual 1989 FBT bill from their estimated 1990 tax amount. This effectively reduces the upfront payment they need to make.\n* **Key date set:** It establishes 1 April 1990 as the critical date for certain administrative provisions.\n\n**Who it affects:**\nEmployers who pay Fringe Benefits Tax and use the \"notional tax amount\" method (a provisional tax estimate) to calculate their liability.\n\n**Why it matters:**\nThis was a transitional cash-flow measure ensuring employers weren't overpaying tax based on inflated estimates while the FBT system was still bedding in."}},"importantCases":[],"_links":{"self":"/api/acts/fringe-benefits-tax-regulations","history":"/api/acts/fringe-benefits-tax-regulations/history","analysis":"/api/acts/fringe-benefits-tax-regulations/analysis","conflicts":"/api/acts/fringe-benefits-tax-regulations/conflicts","importantCases":"/api/acts/fringe-benefits-tax-regulations/important-cases","documents":"/api/acts/fringe-benefits-tax-regulations/documents"}}