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  • Calculation rates



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    For the calculation rates for the FBT year 1 April 2019 – 31 March 2020, refer to Fringe benefits tax – rates and thresholds.

    Basic car rate – cents per kilometre basis

    You now use a single rate per kilometre for all motor vehicles (regardless of the size of the engine).

    You must use the basic car rate determined by the Commissioner of Taxation for the year ending 31 March 2020 if you reimburse an employee on a cents per kilometre basis for certain car expenses.

    Basic car rate – cents per kilometre basis

    FBT year

    Cents per kilometre rate

    1 April 2019 – 31 March 2020

    Rate for the income year 1 July 2019 – 30 June 2020:

    • 68 cents.

    See also:

    Last modified: 24 Jun 2020QC 61882