sec.19Periodic return on estimated value basis

sec.19 Periodic return on estimated value basis

The estimated value amount for the employer to be included in a periodic return for a periodic return period of 1 month in a financial year is one-twelfth of the value of the employer’s Queensland fringe benefits for the previous year of tax. The estimated value amount for the employer to be included in a periodic return for a periodic return period of 3 months in a financial year is one-quarter of the value of the employer’s Queensland fringe benefits for the previous year of tax. The estimated value amount for the employer to be included in a periodic return for a periodic return period of 6 months in a financial year is one-half of the value of the employer’s Queensland fringe benefits for the previous year of tax. (sec.19-ssec.1) The estimated value amount for the employer to be included in a periodic return for a periodic return period of 1 month in a financial year is one-twelfth of the value of the employer’s Queensland fringe benefits for the previous year of tax. (sec.19-ssec.2) The estimated value amount for the employer to be included in a periodic return for a periodic return period of 3 months in a financial year is one-quarter of the value of the employer’s Queensland fringe benefits for the previous year of tax. (sec.19-ssec.3) The estimated value amount for the employer to be included in a periodic return for a periodic return period of 6 months in a financial year is one-half of the value of the employer’s Queensland fringe benefits for the previous year of tax.