The Fringe Benefit Tax traps

Written By Taylor Bartley

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention.

In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles to employees without incurring the 47% fringe benefits tax (FBT) on private use. Be aware that from 31 March 2025, the FBT exemption will no longer apply to plug-in hybrid electric vehicles...

So, what will change? Click the button below to read our full Newsletter.

Taylor Bartley
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