Calculate FBT liability for Australian employers and employees. Covers car fringe benefits (statutory method), meal entertainment, expense payments, and more. FBT year: 1 April 2025 – 31 March 2026.
| Item | Amount |
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FBT is paid by employers on the taxable value of non-cash benefits provided to employees. The FBT rate is 47% (aligned with the top marginal rate + Medicare levy). The FBT year runs 1 April to 31 March.
Type 1 (GST credit claimable by employer): Gross-up rate 2.0802
Type 2 (no GST credit): Gross-up rate 1.8868
Taxable value = Car base value × 20% × (days available ÷ 365) − employee contributions.
From 1 April 2025, electric vehicles under the luxury car tax threshold are FBT-exempt (no FBT payable on the car benefit).
Benefits with a taxable value under $300 and provided infrequently may be exempt from FBT.