Better practices for the administration of FBT

This information outlines five better practices to help entities better administer their fringe benefits tax (FBT) obligations:

  1. Identify FBT risks.
  2. Establish and maintain an effective FBT control environment.
  3. Plan each year's FBT return.
  4. Communicate with stakeholders.
  5. Prepare and review the FBT return and supporting processes.

The information is designed to meet the needs of Chief Executives, Chief Financial Officers (CFOs) and FBT Risk Managers who are responsible for governance and control arrangements (including implementing appropriate risk and control arrangements), and managing resource requirements.

Each better practice includes a documentation checklist that provides examples of practices that might indicate the existence of better practice.

Relevant legislation

FBT legislation comprises:


This information has not been prepared as a technical reference on FBT. Therefore, it is important that you use it in conjunction with, not as a substitute for, FBT legislation and ATO guidance.

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    Last modified: 23 Jul 2015QC 18627