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  • Need to lodge a 2021 FBT return?

    The fringe benefits tax (FBT) year ends on 31 March. If your NFP has provided benefits to employees in the past 12 months, you'll need to work out which of these benefits attract FBT and lodge your FBT return by 21 May 2021. This date may differ if you lodge through a tax agent.

    Examples of fringe benefits include:

    • private use of work cars
    • reimbursement of employees' expenses (for example, school fees)
    • salary sacrifice arrangements.

    As your NFP has adapted to the changing rules and restrictions brought about by COVID-19, you may have found yourself providing different benefits to those you usually provide – and these may be exempt from FBT. Generally, you will not need to pay FBT for:

    • items provided to employees to enable them to work from home (for example, laptop or portable device)
    • emergency accommodation, food and transport
    • emergency health care.

    The minor benefits exemption may also apply for minor, infrequent and irregular benefits under $300.

    See also:

    Last modified: 02 Mar 2021QC 64927