Have you provided certain benefits to your staff in addition to their salary and wages? It’s important to know your FBT obligations. If you lodge your own FBT return, or use a tax professional who lodges by paper, you must lodge and pay the amount owed by 21 May, 2025.
If you use a tax professional who lodges electronically on your behalf, you may have until 25 June, 2025.
If it's your first time lodging through a tax professional, make sure you’re on your agent's FBT client list by 21 May to be eligible for a concessional due date.
Some perks you offer to your employees may attract FBT. These include employees using a work car (including dual cab utes) for private purposes, gym memberships, and even tickets to an event or show. If you provided benefits over the 2025 FBT year, make sure you know how to lodge and pay.
To help you get it right, don’t skip these steps:
- Identify the type of benefits you provide.
- Determine the taxable value of each fringe benefit.
- Lodge an FBT return and pay by 21 May (for self-preparers). If your tax professional lodges electronically on your behalf, you have until 25 June to lodge and pay.
- Keep good records that support your calculations and your FBT position when you lodge or pay by 21 May.
Remember to include your current financial institution details (FID) when you lodge to ensure any refund is deposited electronically into your account. Your refund may be held up if you do not provide FID.
Are you lodging a nil FBT return?
If you’re lodging a nil FBT return, assess whether you provided fringe benefits and work out the taxable value to make sure you’re reporting and calculating FBT correctly. If you don’t have an FBT liability and you’re registered for FBT, you should send us a completed FBT notice of non-lodgment.
To ensure any refunds are deposited directly into the correct nominated accounts, include current bank account details in each lodgment.
For more information, see ato.gov.au/fbt.