Business services
Fringe benefits tax returns
Cars, loans, entertainment and other benefits given to employees or their associates can attract fringe benefits tax. We work out whether you have an FBT liability, prepare the return and help you reduce FBT in future years.
Fixed fee, quoted in writing
What’s included
- FBT review of cars, loans, entertainment and expense payments
- Calculation of taxable value using the best available method
- Employee declarations and logbook guidance
- Annual FBT return preparation and lodgement
- Reportable fringe benefits for payment summaries via STP
- Advice on exempt benefits and salary packaging
Who it’s for
- Employers providing cars or car parking
- Businesses paying private expenses for staff or directors
- Companies with director loans or entertainment costs
- Employers offering salary packaging
FBT runs on its own year
The FBT year runs from 1 April to 31 March, not the financial year. Records such as car logbooks and odometer readings need to be in place during the year, so we help you set them up early.
Some benefits are exempt or concessional, and choosing the right valuation method can reduce the tax payable.
How it works
Getting started is simple
01
Free discovery call
A 20-minute conversation about your situation, deadlines and goals. No obligation.
02
Fixed quote & onboarding
A clear scope and fee, signed electronically. We update the ATO nomination and collect prior-year records for you.
03
Ongoing partnership
Lodgements on time, reminders before each deadline, and advice whenever a decision comes up.
Fringe Benefits Tax Return: common questions
Do I need to lodge an FBT return?
Only if you have an FBT liability for the year. If you don’t, we can confirm that and help you notify the ATO where needed.
Does a ute or dual-cab attract FBT?
Not always. Some work vehicles are exempt where private use is limited. We’ll review how the vehicle is used.
What is salary packaging?
An arrangement where an employee gives up some salary in exchange for benefits. It must be set up correctly to work as intended.
Related services
Company Tax Return
Company tax returns, financial statements and Division 7A, handled by a Chartered Accountant.
Business Tax Planning
A pre-30 June review of profit, structure and timing, while there’s still time to act.
Ready for a clearer picture?
Book a free 20-minute call with Kishan. No obligation.