FBT rates and thresholds for 2025

FBT rates

The FBT rates are in Table 1 below. They have not changed for the FBT year ending 31 March 2025.

Table 1: FBT rates

FBT year ending	FBT rate of tax	Type 1 gross-up rate	Type 2 gross-up rate
31 March 2023, 2024, 2025 and 2026	47%	2.0802	1.8868

Not-for-profit capping thresholds and FBT rebate rate

The not-for-profit capping thresholds and FBT rebate rate are in Table 2 below. They have not changed for the FBT year ending 31 March 2025.

Table 2: Not-for-profit capping threshold and FBT rebate rate

FBT year ending	Public benevolent institutions, health promotion charities, rebatable employers	Public and not-for-profit hospitals and public ambulance services	Meal entertainment and entertainment facility leasing expense benefits (all not-for-profit employers eligible for a cap)	FBT rebate rate
31 March 2023, 2024, 2025 and 2026	$30,000	$17,000	$5,000	47%

Use this information for relevant items when:

• Completing your FBT return 2025 – all employers
• Completing your FBT return 2025 – not-for-profit employers