Calculating fringe benefits tax

This information forms Chapter 2 of Fringe benefits tax - a guide for employers. Remember, a fringe benefit may be provided by another person on behalf of an employer. It may also be provided to an associate of an employee (for example, a relative).

We do not usually notify you (the employer) of how much fringe benefits tax (FBT) you have to pay. Rather, you self-assess your FBT payable. For more on FBT assessments, refer to section 3.3 of How fringe benefits tax works.

2.1 FBT year

The FBT year is the 12 months beginning 1 April and ending 31 March.