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Salary Packaging – Electricity as an In House Fringe Benefit
Employees of Queensland Government entities listed with Remuneration Services are entitled to salary package electricity as a fringe benefit tax (FBT) exempt benefit up to a limit of $1,333.33 per FBT year (1 April to 31 March).
The benefit is offered as reimbursement from your salary packaging, up to the value of $1,333.33 per FBT year for electricity at your place of residence. The benefit excludes loans or levies included on the bill and is for the electricity charges only. Electricity must be provided through electricity retailers sourcing electricity from Queensland. Government owned generators.
If you are eligible for a FBT exempt cap, the $1,333.33 is in addition to this.
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