Calculation rates

For the calculation rates for the FBT year 1 April 2018 – 31 March 2019, refer to Fringe benefits tax – rates and thresholds.

Basic car rate – cents per kilometre basis

You now use a single rate per kilometre for all motor vehicles (regardless of the size of the engine).

You must use the basic car rate determined by the Commissioner for the year ending 31 March 2019 if you reimburse an employee on a cents per kilometre basis for certain car expenses.

Basic car rate – cents per kilometre basis

FBT year	Cents per kilometre rate
1 April 2018 – 31 March 2019	Rate for the income year 1 July 2018 – 30 June 2019: 68 cents.

See also:

• Car expenses
• Cents per kilometre method