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Calculation rates

Last updated 13 April 2022

For the calculation rates for the FBT year 1 April 2021 – 31 March 2022, refer to Fringe benefits tax – rates and thresholds.

Basic car rate – cents per kilometre basis

You now use a single rate per kilometre for all motor vehicles (regardless of the size of the engine).

You must use the basic car rate determined by the Commissioner of Taxation for the year ending 31 March 2022 if you reimburse an employee on a cents per kilometre basis for certain car expenses.

Basic car rate – cents per kilometre basis

FBT year

Cents per kilometre rate

1 April 2021 – 31 March 2022

Rate for the income year 1 July 2021 – 30 June 2022 is 72 cents.

You may also wish to refer to our car expenses and cents per kilometre method pages.