Accounting & Tax
Fringe benefits tax (FBT)
Fringe benefits tax (FBT) applies when employers give staff benefits such as cars, loans or paid expenses. Business Mantra Accountants works out whether FBT applies, keeps the right records and prepares your FBT return.
Delivered by
Business Mantra Accountants
Chartered accountants and business advisors
On this page
Who it’s for
Employers providing cars
Businesses whose staff use work vehicles privately.
Employers paying staff expenses
Businesses that pay for things like phones, school fees or entertainment.
Business owners who are employees
Owners of companies who receive benefits from their own business.
What’s included
FBT review
Which benefits are taxable and which are exempt or reduced.
Records and declarations
The records, logbooks and declarations you need.
FBT return
Calculating FBT and preparing the annual return.
Ways to reduce FBT
Options such as employee contributions, within the rules.
How it works
Review benefits
The benefits your business provides are listed and checked.
Collect records
Logbooks, odometer readings and declarations are gathered.
Calculate
FBT is calculated for the year to 31 March.
Lodge
Your return is lodged and the amount to pay explained.
Good to know
The FBT year
The FBT year runs from 1 April to 31 March. If you have FBT to pay, the return and payment are due by 21 May, or later dates if a tax agent lodges for you.
Questions
Can’t find your answer? Ask us and we’ll pass your question to the right business.
Answers are general information, not personal advice.
Reviewed by a registered tax agent at Business Mantra Accountants · Last updated 6 October 2026
Insights
Guides from the group’s specialists
Accounting & Tax
Choosing the Right Business Structure in Australia: Sole Trader, Company, or Trust
How sole traders, partnerships, companies and trusts compare on tax, personal liability, cost and paperwork, and when it’s time to review the structure you have.
Business Mantra · 4 min read
Important information
General information only: it does not take your personal circumstances into account.
Services described here may be subject to eligibility, professional registration or licensing requirements. Confirm the relevant scope and documents directly with Business Mantra Accountants before proceeding.
Next step
Ready to talk aboutFringe benefits tax (FBT)?
Tell us a little about your situation and we’ll pass it to the Business Mantra Accountants team.
