FBT rates and thresholds

FBT rate

The FBT rate has not changed for the FBT year ending 31 March 2019.

FBT rate
FBT year ending	FBT rate of tax	Type 1 gross-up rate	Type 2 gross-up rate
31 March 2018, 2019 and 2020 (see note)	47%	2.0802	1.8868
31 March 2017	49%	2.1463	1.9608

Note: The Government announced in the Budget 2018–19External Link that the proposed increase in the Medicare levy rate would not proceed and that accordingly consequential changes to the FBT rate would also not go ahead. See Revenue Measures: Personal Income Tax – retaining the Medicare levy rate at 2 percent (PDF 2.2MB)External Link. Therefore, the FBT rate remains 47% for the year ending 31 March 2020.

The not-for-profit capping thresholds and FBT rebate rate have not changed for the FBT year ending 31 March 2019.

Not-for-profit capping threshold and FBT rebate rate
FBT year ending	Public benevolent institutions, health promotion charities, rebatable employers	Public and non-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 2018, 2019 and 2020	$30,000	$17,000	$5,000	47%
31 March 2017	$31,177	$17,667	$5,000	49%

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