Fringe benefits tax (FBT) is a tax employers pay on certain benefits they provide to their employees, including their employees’ family or other associates. The benefit may be in addition to, or part of, their salary or wages package.
If you are a director of a company or trust, benefits you receive may be subject to FBT.
Fringe benefits tax is separate to income tax and is calculated on the taxable value of the fringe benefits provided.
The FBT year runs from 1 April to 31 March.
Follow the links below for more information on:
- Types of fringe benefits
- Do you need to pay FBT?
- How to register for FBT
- How to report, lodge and pay FBT
- FBT exemptions and concessions