ATO Publication – FBT Guide for Employees

The ATO is now providing its Fringe benefits tax – a guide for employers to download in portable document format (PDF). You can use this as a quick reference when dealing with FBT.

The comprehensive guide covers:

  • types of fringe benefits
  • calculating FBT
  • how to work out and record reportable fringe benefit amounts for employees
  • records to keep
  • exempt benefits and benefits which receive concessional treatment.

The end of the FBT year is approaching (31 March), so now is a great time to review the guide and ensure you’re meeting your FBT obligations.

Next steps:

On the ATO legal database you can: