Fringe Benefits Tax (FBT) Services
If you give employees benefits on top of their salary, such as a car, car parking or entertainment, you may owe fringe benefits tax. UV TAX works out your FBT, prepares your return and helps you reduce it legally.
✓ Free consultation✓ Free fixed-fee quote✓ FBT year: 1 April – 31 March
Common fringe benefits
- Cars made available for private use
- Car parking
- Entertainment, meals and functions
- Paying private expenses for employees
- Low-interest or interest-free loans
- Housing and living-away-from-home allowances
What’s included
FBT review
We identify which benefits are taxable and which are exempt.
FBT calculations
Car, entertainment and other benefits valued using the best available method.
FBT return
Prepared and lodged by a registered tax agent.
Employee contributions
Strategies like employee contributions to reduce FBT.
Salary packaging
Setting up salary packaging arrangements correctly.
Learn more →Reportable benefits
Reportable fringe benefit amounts calculated for payroll reporting.
Key FBT dates
| Item | Timing |
|---|---|
| FBT year | 1 April to 31 March |
| FBT return (self-lodged) | Generally due 21 May |
| FBT return via a tax agent | Often later under the agent lodgement program |
Reducing your FBT legally
There are many legitimate ways to reduce FBT, such as using the operating cost method for cars with a logbook, applying exemptions for certain work-related items, and asking employees to make contributions. We review your benefits each year and recommend the options that suit your business.
We also help you keep the records you need, such as logbooks and declarations, so your FBT return is accurate and easy to support.
Why choose UV TAX
- Offices in Truganina and Point Cook, plus phone and online meetings Australia-wide
- Rated 5.0 by our clients on Google
- Registered tax agent with a Xero certified team
- Free consultation and a free fixed-fee quote before any work starts
- Plain-English advice and fast turnaround
How it works
Free consultation
Call 0466 268 405 and tell us what you need. No cost, no obligation.
Free fixed quote
We give you a clear, fixed-fee quote before any work starts.
We do the work
Our team prepares everything and keeps you updated along the way.
Lodged & done
We finalise and lodge on time, and explain the outcome in plain English.
Book a free consultation & get a free fixed quote
Speak with UV TAX today. Call us for a free consultation and a free, no-obligation fixed quote.
0466 268 405Frequently asked questions
Who has to pay FBT?
Employers pay FBT on certain benefits provided to employees or their associates, not the employees themselves.
Is an electric car exempt from FBT?
Some eligible zero or low emission vehicles can be exempt when certain conditions are met. We check whether your vehicle qualifies.
How much does an FBT return cost?
Call 0466 268 405 for a free consultation and a free fixed-fee quote.