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  • FBT rates and thresholds

    The FBT rates and thresholds have not changed for the FBT year ending 31 March 2021.

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    FBT rates

    The FBT rates are in the table below. They have not changed for the FBT year ending 31 March 2021.

    FBT rates

    FBT year ending

    FBT rate of tax

    Type 1 gross-up rate

    Type 2 gross-up rate

    31 March 2019, 2020, 2021 and 2022

    47%

    2.0802

    1.8868

    Not-for-profit capping thresholds and FBT rebate rate

    The not-for-profit capping thresholds and FBT rebate rate are in the table below. They have not changed for the FBT year ending 31 March 2021.

    Not-for-profit capping threshold and FBT rebate rate

    FBT year ending

    Public benevolent institutions, health promotion charities, rebatable employers

    Public and not-for-profit hospitals and public ambulance services

    Meal entertainment and entertainment facility leasing expense benefits (all not-for-profit employers eligible for a cap)

    FBT rebate rate

    31 March 2019, 2020 2021and 2022

    $30,000

    $17,000

    $5,000

    47%

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    Last modified: 01 Jul 2021QC 65074