Fringe Benefits Tax (FBT) Calculator

Calculate FBT liability for employee benefits including cars, loans, entertainment, and other fringe benefits

Enter the taxable value of the fringe benefit provided

Enter the total number of employees receiving this benefit

About Fringe Benefits Tax

Fringe Benefits Tax (FBT) is a tax employers pay on certain benefits provided to employees or their associates. The FBT rate is 47% (for the 2024-25 year). Type 1 benefits (where GST can be claimed) use a gross-up rate of 2.0802, while Type 2 benefits (where GST cannot be claimed) use 1.8868. This calculator provides estimates and should not be used as a substitute for professional tax advice. FBT is separate from income tax and is calculated on the grossed-up taxable value of the fringe benefit.

Important Notes

  • FBT year runs from 1 April to 31 March
  • FBT is payable by the employer, not the employee
  • Different benefits may have different valuation methods
  • Some benefits are exempt or subject to concessions
  • Consider seeking professional advice for complex FBT scenarios