Commonwealth Consolidated Acts

FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 132A

  (1)   This section applies if:

  (a)   a provision of this Act requires documentary evidence of an expense to be given to, or obtained by, an employer before the declaration date for an employer for an FBT year; and

  (b)   at the date of lodgment of the employer's return of the fringe benefits taxable amount for the FBT year:

  (i)   the employer has not been given, or has not obtained, the documentary evidence;

    but:

  (ii)   the employer has good reason to expect that he or she will be given, or will obtain, that evidence within a reasonable time.

  (2)   If this section applies:

  (a)   the employer may complete his or her return as if the documentary evidence had been given to, or obtained by, him or her by the date of lodgment; and

  (b)   if the evidence is given to, or obtained by, the employer within a reasonable time--this Act applies as if the documentary evidence had been given to, or obtained by, the employer before the declaration date; and

  (c)   if the evidence is not given to, or obtained by, the employer within a reasonable time--the employer must notify the Commissioner in writing that the evidence has not been obtained.