The 2025 Fringe Benefits Tax (FBT) year ends on 31 March 2025.
The FBT regime imposes a tax on non-cash benefits given to employees, with employers bearing responsibility for the liability.
This applies to all employers, including tax-exempt bodies and charities.
FBT dates
The following key dates apply for the FBT year 1 April 2024 to 31 March 2025 (2024/25 FBT year):
| FBT year end | 31 March 2025 |
| FBT lodgement dates (via a Tax Agent) |
25 June 2025 (electronic lodgement) 21 May 2025 (paper lodgement) |
| FBT lodgement date (without Tax Agent support) |
21 May 2025 |
| FBT payment deadline (if instalments not sufficient) |
25 June 2025 |
FBT rates and thresholds
The following rates and thresholds apply for the 2024/25 FBT year:
| FBT rate | 47% (no change) |
| Type 1 gross-up rate | 2.0802 (no change) |
| Type 2 gross-up rate | 1.8868 (no change) |
| Gross up rate for Reportable Fringe Benefits Amount (RFBA) purposes | 1.8868 (no change) |
| Car parking threshold | $10.77 (up from $10.40) |
| Motor vehicle (other than cars) cents per kilometre rates | 0-2,500cc – 66c (up from 62c) Over 2,500cc – 77c (up from 73c) Motorcycles – 19c (up from 18c) |
| Electric Vehicle home charging rate | 4.2 cents per kilometre |
| Statutory benchmark interest rate | 8.77% (up from 7.77% per annum) |
| Capping of concessional FBT treatment for certain employers |
Public benevolent institutions and health promotion charities – FBT exemption capped at $30,000 (no change)
|
| Reasonable food and drink amounts for employees living away from home in Australia | One adult – $331 per week (up from $316) Two adults – $497 per week (up from $474) |
