The fringe benefits tax (FBT) year runs from 1 April to 31 March.
Historical rates and thresholds for the 2016–17 to 2020–21 FBT years are on this page.
For current and more recent rates, see Fringe benefits tax – rates and thresholds.
FBT rate and gross-up rates
FBT year ending | FBT rate | Type 1 gross-up rate |
|---|---|---|
31 March 2021 | 47% | 2.0802 |
31 March 2020 | 47% | 2.0802 |
31 March 2019 | 47% | 2.0802 |
31 March 2018 | 47% | 2.0802 |
31 March 2017 | 49% | 2.1463 |
FBT year ending | FBT rate | Type 2 gross-up rate |
|---|---|---|
31 March 2021 | 47% | 1.8868 |
31 March 2020 | 47% | 1.8868 |
31 March 2019 | 47% | 1.8868 |
31 March 2018 | 47% | 1.8868 |
31 March 2017 | 49% | 1.9608 |
FBT record keeping exemption threshold
FBT year ending | Record keeping exemption threshold |
|---|---|
31 March 2021 | $8,853 |
31 March 2020 | $8,714 |
31 March 2019 | $8,552 |
31 March 2018 | $8,393 |
31 March 2017 | $8,286 |
Motor vehicle (other than a car) – cents per kilometre rate
FBT year ending | 0–2500cc | Over 2500cc | Motorcycles |
|---|---|---|---|
31 March 2021 | 56c | 67c | 17c |
31 March 2020 | 55c | 66c | 16c |
31 March 2019 | 54c | 65c | 16c |
31 March 2018 | 53c | 63c | 16c |
31 March 2017 | 52c | 63c | 16c |
Car parking threshold
FBT year ending | Car parking threshold ($) |
|---|---|
31 March 2021 | $9.15 |
31 March 2020 | $8.95 |
31 March 2019 | $8.83 |
31 March 2018 | $8.66 |
31 March 2017 | $8.48 |
Statutory or benchmark interest rate
FBT year ending | Statutory or benchmark interest rate (%) |
|---|---|
31 March 2021 | 4.80% |
31 March 2020 | 5.37% |
31 March 2019 | 5.20% |
31 March 2018 | 5.25% |
31 March 2017 | 5.65% |
Housing indexation figures
FBT year ending | NSW | VIC | QLD | SA | WA | TAS | NT | ACT |
|---|---|---|---|---|---|---|---|---|
31 March 2021 | 1.000 | 1.017 | 1.002 | 1.010 | 0.969 | 1.056 | 0.948 | 1.029 |
31 March 2020 | 1.020 | 1.019 | 0.997 | 1.008 | 0.937 | 1.043 | 0.948 | 1.028 |
31 March 2019 | 1.024 | 1.018 | 0.999 | 1.004 | 0.924 | 1.040 | 0.932 | 1.016 |
31 March 2018 | 1.024 | 1.014 | 1.005 | 1.010 | 0.942 | 1.025 | 0.933 | 0.998 |
31 March 2017 | 1.025 | 1.022 | 1.013 | 1.016 | 0.988 | 1.010 | 0.997 | 0.978 |
Reasonable food and drink amounts (per week) for LAFHA – Australia
For | FBT year ending 31 March 2021 | FBT year ending 31 March 2020 | FBT year ending 31 March 2019 | FBT year ending 31 March 2018 | FBT year ending 31 March 2017 |
|---|---|---|---|---|---|
1 adult | $276 | $269 | $265 | $247 | $242 |
2 adults | $414 | $404 | $398 | $371 | $363 |
3 adults | $552 | $539 | $531 | $495 | $484 |
1 adult and 1 child | $345 | $337 | $332 | $309 | $303 |
2 adults and 1 child | $483 | $472 | $465 | $433 | $424 |
2 adults and 2 children | $552 | $540 | $532 | $495 | $485 |
2 adults and 3 children | $621 | $608 | $599 | $557 | $546 |
3 adults and 1 child | $621 | $607 | $598 | $557 | $545 |
3 adults and 2 children | $690 | $675 | $665 | $619 | $606 |
4 adults | $690 | $674 | $664 | $619 | $605 |
Each additional adult | $138 | $135 | $133 | $124 | $121 |
Each additional child | $69 | $68 | $67 | $62 | $61 |
Note: A person is considered an adult for this purpose if they were 12 years or older before the beginning of the FBT year.
Reasonable food and drink amounts for one adult (per week) by cost groups – overseas
Cost group | FBT year ending 31 March 2021 | FBT year ending 31 March 2020 | FBT year ending 31 March 2019 | FBT year ending 31 March 2018 | FBT year ending 31 March 2017 |
|---|---|---|---|---|---|
1 | $137 | $137 | $137 | $137 | $137 |
2 | $201 | $201 | $201 | $201 | $201 |
3 | $273 | $273 | $273 | $273 | $273 |
4 | $346 | $328 | $310 | $310 | $310 |
5 | $437 | $437 | $437 | $437 | $437 |
6 | $537 | $537 | $537 | $537 | $537 |