 |
| Greenfleet's forests |
| Take a look for yourself |
 |
| Featured Supporter |
| Autopia Management |
|
> 7.5 million
TREES PLANTED
since 1997
15 May 2009
Fringe benefits tax and greener transport...
Current FBT rules are hindering the adoption of sustainable transport practices in Australian businesses. Providing some insight into this issue are Committee for Melbourne members Ms Nerida Hayse (Director - International Executive Services, KPMG) and Mr David Meiklejohn (Senior Consultant, UrbanTrans).
"The fringe benefits tax (FBT) legislation results in a significantly lower amount of FBT payable where a greater number of kilometres are travelled in a vehicle regardless of the travel being business related or private. This law directly promotes increased use of cars and, in turn, increased carbon emissions. The FBT regime does not discourage employers providing car parking to their employees by concessionally taxing these fringe benefits. "
"By creating fringe benefits tax concessions for the provision of sustainable transport the government would be encouraging employers and employees to take an active approach in environmental sustainability on a daily basis." - Ms Nerida Hayse
Read more of Ms Hayse' comments at the Committee for Melbourne website.
"Employers across the Melbourne region have a vested interest in ensuring that their employees commute to and from work efficiently and cost effectively. As many employers have discovered, however, current tax provisions are a major barrier to support employees using public transport and bicycles."
"Motivated by competitive needs to recruit and retain the best and the brightest from the labour market, and by complementary sustainability and corporate social responsibility strategies, increasing numbers of employers across Melbourne are developing 'green travel plans' to reduce reliance on the private automobile while improving overall employee access." - Mr David Meiklejohn
Read more of Mr Meikeljohn's comments at the Committee for Melbourne website.