Fringe Benefits Tax

Fringe Benefits Tax (FBT) Made Simple

Stay compliant and manage employee benefits with confidence – without the complexity.

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Fringe Benefits Tax Preparation & Lodgement

FBT can be complex, with strict rules around valuation, exemptions, and reporting. We manage the entire process, ensuring your FBT obligations are handled accurately and efficiently.

 

This includes:

  • Identifying applicable fringe benefits
  • Calculating taxable values as per ATO guidelines
  • Applying eligible exemptions and concessions
  • Preparing and lodging FBT returns on time
  • Advising on FBT implications for employee benefits

 

You stay compliant, reduce risk, and avoid unexpected liabilities.

Annual Compliance & Ongoing Support

FBT Returns That Stand Up to Scrutiny

Each year, we prepare and review your FBT obligations, including:

  • Motor vehicle and car fringe benefits.
  • Entertainment and meal expenses.
  • Expense reimbursements and allowances.
  • Employee benefits and salary packaging arrangements.

From this, we prepare:

  • FBT Return lodgement.
  • Supporting calculations and documentation.
  • Compliance schedules required for reporting.

Everything is completed accurately, on time, and in line with current ATO regulations.

Our Process

Powered By Smart Accounting Technology

Efficient Systems, Lower Risk, Better Visibility

We use secure cloud-based systems to streamline FBT calculations, improve accuracy, and keep your records organised and accessible.

This allows:

  • Efficient tracking of employee benefits.
  • Secure access to records and documentation.
  • Faster preparation and lodgement.
  • Reduced administrative burden and compliance risk.

Important Disclosure

Understanding the Scope of Our Role

Future Accounting & Taxation Services provides FBT preparation, taxation, and compliance services only. We do not provide legal or financial product advice.

All business decisions remain the responsibility of the business owner, and we recommend seeking appropriate professional advice where required.

FREQUENTLY ASKED QUESTIONS

FBT is a tax applied to certain non-cash benefits provided to employees, such as company cars, entertainment, or expense reimbursements.

Only businesses that provide fringe benefits to employees are required to lodge an FBT return.

Common benefits include company vehicles, meal entertainment, parking, and reimbursements of personal expenses.

Yes, through proper structuring, exemptions, and concessions, we can help minimise your FBT liability while staying compliant.

The FBT year runs from 1 April to 31 March, and lodgement deadlines depend on your circumstances and whether you use a registered tax agent.

You should maintain records of all employee benefits, including receipts, logbooks, and supporting documentation.

Yes, we can assist with ATO queries, reviews, and audits, ensuring you are fully supported throughout the process.

Testimonials

Our client reviews

Future Accounting & Taxation Services has been incredibly helpful in managing our business tax and financial reporting. Lalji explains everything clearly and always ensures our BAS and tax returns are lodged on time. It has given us peace of mind knowing our accounts are in safe hands.

Michael Roberts – Small Business Owner

I had a great experience working with Future Accounting & Taxation Services for my tax return. The process was smooth, professional, and very efficient. Lalji helped me understand my deductions and made the whole process stress-free.

Sarah Williams – Sole Trader

We have been using Future Accounting & Taxation Services for bookkeeping and payroll support. The service is reliable and very organised. Their attention to detail and knowledge of ATO compliance has been extremely valuable for our business.

Daniel Thompson – Company Director

Future Accounting helped me with rental schedules and tax planning. Lalji took the time to explain everything clearly and ensured my tax return was prepared accurately. I highly recommend their services to anyone looking for a trustworthy accountant.

Priya Patel – Property Investor