Fringe benefits tax

If you're an employer and you provide fringe benefits to your employees, you may have to pay fringe benefits tax (FBT).

Some common fringe benefits are:

• private use of a work car by an employee or director
• paying private expenses for an employee or director, such as school fees or health insurance costs.

We recommend you register for FBT as soon as you've decided you'll provide benefits.

See also:

• Fringe benefits tax (FBT)

How to register or cancel FBT

You need to register for FBT once you have determined that you are providing fringe benefits and have to pay FBT.

You can register for FBT, or cancel your FBT registration:

• through your registered tax agent
• by phone – if you're an authorised contact for the business, phone us on the business enquiries line
• by lodging a form:
  • to register, complete the Application to register for fringe benefits tax (NAT 1055) form
  • to cancel, advise in your annual fringe benefits tax return or notice of non-lodgment
   

See also:

• Application to register for fringe benefits tax
• How to lodge your FBT return
• Fringe benefits tax – notice of non-lodgment

If you provide fringe benefits to your employees - such as private use of a work car - you may have to pay fringe benefits tax. If you are a director of a company or trust, benefits you receive may be subject to FBT. You need to register for FBT once you have determined that you are providing fringe benefits and have to pay FBT.