Fringe Benefits Tax - What You Need To Know

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Fringe Benefits Tax (FBT) is a tax imposed on benefits provided to employees on top of their regular compensation.

FBT is often misunderstood, and many businesses pay more than or unknowingly expose themselves to risk. We will help you identify which benefits attract FBT, which exemptions or reductions apply, and how to structure benefits effectively and compliantly.

We simplify all major fringe benefit categories, including:

• Motor vehicles & dual‑cab utes
• Car parking benefits
• Entertainment & meals
• Employee reimbursements
• Employee gifts & vouchers
• Housing and living‑away‑from‑home allowances
• Tools, equipment and portable devices
• Salary packaging arrangements

1. Complete our secure online FBT questionnaire

• Tell us what benefits you provide, who receives them, and how they're used.

2. We assess your FBT exposure

• We identify which benefits are taxable, which exemptions apply, and where   opportunities exist to reduce or eliminate FBT.

3. You receive a tailored FBT summary and strategy

          We prepare a clear action-focused report outlining:

• Your FBT position
• Applicable concessions (e.g., otherwise‑deductible rule, minor benefits)
• Motor vehicle calculations
• Cost‑saving opportunities
• Recommended corrections to record‑keeping or processes

4. We prepare or review your annual FBT return

•  If required, we manage lodgement and ensure you remain compliant.

Our FBT service is ideal for:

• Employers providing vehicles or car allowances
• Businesses providing staff perks, meals, gifts or reimbursements
• Employers with salary packaging arrangements
• Growing businesses unsure about their obligations
• Any employer wanting to reduce FBT and avoid unnecessary tax exposure

 Your FBT review includes:

• Identification of all FBT‑attracting benefits
• Review of your current systems and record‑keeping
• Motor vehicle analysis (statutory formula or logbook method)
• Assessment of FBT concessions and exemptions
• Calculation of estimated FBT payable
• Recommendations to reduce FBT year‑on‑year
• Option for us to prepare and lodge your FBT return