Fringe benefits tax – historical rates and thresholds

Historical fringe benefits tax (FBT) rates and thresholds for the 2014–15 to 2018–19 FBT years.

The FBT year runs from 1 April to 31 March.

FBT rate and gross-up rates for FBT

Table 3: Record keeping exemption threshold
FBT year ending	Record keeping exemption threshold
31 March 2019	$8,552
31 March 2018	$8,393
31 March 2017	$8,286
31 March 2016	$8,164
31 March 2015	$7,965

Table 4: Motor vehicle (other than a car) – cents per kilometre rate
FBT year ending	0–2500cc	Over 2500cc	Motor cycles
31 March 2019	54c	65c	16c
31 March 2018	53c	63c	16c
31 March 2017	52c	63c	16c
31 March 2016	51c	61c	15c
31 March 2015	50c	60c	15c

Table 6: Statutory or benchmark interest rate
FBT year ending	Statutory or benchmark interest rate (%)
31 March 2019	5.20%
31 March 2018	5.25%
31 March 2017	5.65%
31 March 2016	5.65%
31 March 2015	5.95%

Table 7: Housing indexation figures
FBT year ending	NSW	VIC	QLD	SA	WA	TAS	NT	ACT
31 March 2019	1.024	1.018	0.999	1.004	0.924	1.040	0.932	1.016
31 March 2018	1.024	1.014	1.005	1.010	0.942	1.025	0.933	0.998
31 March 2017	1.025	1.022	1.013	1.016	0.988	1.010	0.997	0.978
31 March 2016	1.032	1.020	1.022	1.020	1.028	1.011	1.043	0.989
31 March 2015	1.037	1.020	1.022	1.024	1.067	1.010	1.076	1.017

Table 8: Reasonable food and drink amounts (per week) for LAFHA – Australia
For	FBT year ending 31 March 2019	FBT year ending 31 March 2018	FBT year ending 31 March 2017	FBT year ending 31 March 2016	FBT year ending 31 March 2015
One adult	$265	$247	$242	$241	236
Two adults	$398	$371	$363	$362	354
Three adults	$531	$495	$484	$483	472
One adult and one child	$332	$309	$303	$302	295
Two adults and one child	$465	$433	$424	$423	413
Two adults and two children	$532	$495	$485	$484	472
Two adults and three children	$599	$557	$546	$545	531
Three adults and one child	$598	$557	$545	$544	531
Three adults and two children	$665	$619	$606	$605	590
Four adults	$664	$619	$605	$604	590
Each additional adult	$133	$124	$121	$121	$118
Each additional child	$67	$62	$61	$61	$59

Note: A person is considered an adult for this purpose if they were 12 years or older before the beginning of the FBT year.

Table 9: Reasonable food and drink amounts for one adult (per week) by cost groups – overseas
Cost group	FBT year ending 31 March 2019	FBT year ending 31 March 2018	FBT year ending 31 March 2017	FBT year ending 31 March 2016	FBT year ending 31 March 2015
1	$137	$137	$137	$137	$137
2	$201	$201	$201	$201	$201
3	$273	$273	$273	$273	$246
4	$310	$310	$310	$310	$310
5	$437	$437	$437	$437	$419
6	$537	$537	$537	$537	$492

Last modified: 06 Mar 2023QC 61926