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Fringe benefits tax – historical rates and thresholds

Historical fringe benefits tax (FBT) rates and thresholds for the 2015–16 to 2019–20 FBT years.

Last updated 19 March 2024

The FBT year runs from 1 April to 31 March.

For current and more recent rates, see Fringe benefits tax – rates and thresholds.

Table 1: FBT Type 1 gross-up rate

FBT year

FBT rate

Type 1 gross-up rate

31 March 2020

47%

2.0802

31 March 2019

47%

2.0802

31 March 2018

47%

2.0802

31 March 2017

49%

2.1463

31 March 2016

49%

2.1463

 

Table 2: FBT Type 2 gross-up rate

FBT year

FBT rate

Type 2 gross-up rate

31 March 2020

47%

1.8868

31 March 2019

47%

1.8868

31 March 2018

47%

1.8868

31 March 2017

49%

1.9608

31 March 2016

49%

1.9608

 

Table 3: Record keeping exemption threshold

FBT year ending

Record keeping exemption threshold

31 March 2020

$8,714

31 March 2019

$8,552

31 March 2018

$8,393

31 March 2017

$8,286

31 March 2016

$8,164

 

Table 4: Motor vehicle (other than a car) – cents per kilometre rate

FBT year ending

0–2500cc

Over 2500cc

Motorcycles

31 March 2020

55c

66c

16c

31 March 2019

54c

65c

16c

31 March 2018

53c

63c

16c

31 March 2017

52c

63c

16c

31 March 2016

51c

61c

15c

 

Table 5: Car parking threshold

FBT year ending

Car parking threshold ($)

31 March 2020

$8.95

31 March 2019

$8.83

31 March 2018

$8.66

31 March 2017

$8.48

31 March 2016

$8.37

 

Table 6: Statutory or benchmark interest rate

FBT year ending

Statutory or benchmark interest rate (%)

31 March 2020

5.37%

31 March 2019

5.20%

31 March 2018

5.25%

31 March 2017

5.65%

31 March 2016

5.65%

 

Table 7: Housing indexation figures

FBT year ending

NSW

VIC

QLD

SA

WA

TAS

NT

ACT

31 March 2020

1.020

1.019

0.997

1.008

0.937

1.043

0.948

1.028

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

 

Table 8: Reasonable food and drink amounts (per week) for LAFHA – Australia

For

FBT year ending 31 March 2020

FBT year ending 31 March 2019

FBT year ending 31 March 2018

FBT year ending 31 March 2017

FBT year ending 31 March 2016

One adult

$269

$265

$247

$242

$241

2 adults

$404

$398

$371

$363

$362

3 adults

$539

$531

$495

$484

$483

One adult and one child

$337

$332

$309

$303

$302

2 adults and one child

$472

$465

$433

$424

$423

2 adults and 2 children

$540

$532

$495

$485

$484

2 adults and 3 children

$608

$599

$557

$546

$545

3 adults and one child

$607

$598

$557

$545

$544

3 adults and 2 children

$675

$665

$619

$606

$605

4 adults

$674

$664

$619

$605

$604

Each additional adult

$135

$133

$124

$121

$121

Each additional child

$68

$67

$62

$61

$61

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 2020

FBT year ending 31 March 2019

FBT year ending 31 March 2018

FBT year ending 31 March 2017

FBT year ending 31 March 2016

1

$137

$137

$137

$137

$137

2

$201

$201

$201

$201

$201

3

$273

$273

$273

$273

$273

4

$328

$310

$310

$310

$310

5

$437

$437

$437

$437

$437

6

$537

$537

$537

$537

$537

 

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