Fringe Benefits Tax

Fringe Benefits Tax


Getting it right with non-cash benefits to employees

Fringe Benefits Tax is a tax levied on non-cash benefits paid to employees. It's a complex area of tax law often avoided by small business. But there are penalties for getting it wrong and opportunities to take advantage of if you get it right. As registered tax agents trusted for over 35 years, we can help you navigate the world of fringe benefits.


What Are Fringe Benefits?

Simple actions like buying meals for staff, or providing them with interest-free advances on their pay, can trigger Fringe Benefits Tax. You might have to lodge an FBT return if that happens. As tax accountants, we can help you work out your Fringe Benefits Tax liability and get your return lodged with the ATO.


Salary Sacrifice

Salary sacrifice options can save your employees tax – that’s like giving them a pay rise without spending a cent.

It takes planning and paperwork though, along with an awareness of the pitfalls and the opportunities. We can take you through it, or present the information to your staff so they know exactly what they can save.


Fringe Benefits Tax Return

Fringe Benefits Tax (FBT) Returns can be complicated and they require detailed evidence. We can help you develop a record-keeping system that makes things easy for you at the end of each FBT year. We can lodge your return for you too.


Getting Started

If you're already providing benefits to employees or want to talk about the opportunities, leave your details below and we'll get in touch with some information and a proposal.

Want more info?

Fringe Benefits Tax Inquiry

Bundle For A Better Price

Include Fringe Benefits Tax in an Agreed Price Service Plan to save around 10% on our standard rates.

Get A Proposal

LATEST NEWS

Australian Federal Budget 2025
March 25, 2025
The 2025 Federal Budget was handed down on 25 March. Here's what it says.
Do You Have Direct Debits and Online Payments Set Up?
March 3, 2025
Do you have direct debits and online payments set up to make it easy for your customers to pay you? Talk to us today about implementing online payment systems to reduce admin time, improve the accuracy of your accounts and get paid quicker.
Taking on the family business legacy: becoming the successor.
March 3, 2025
Becoming the successor to the family business is an honour – but it can also be a daunting role to take on. We’ve summarised five of the core skills you need as the head of the business.
Show More
Share by: