Fringe Benefits Tax (FBT) compliance is a key responsibility for Australian tax managers and payroll teams. This guide provides a concise, up-to-date summary of the core FBT rates, thresholds and deadlines for the 2025–26 FBT year, helping you stay audit-ready and efficient.
At a Glance: FBT 2026
| Item | 2025–26 FBT Year (1 April 2025 – 31 March 2026) |
|---|---|
| FBT Rate | 47% |
| Type 1 Gross-up Factor | 2.0802 |
| Type 2 Gross-up Factor | 1.8868 |
| Car Parking Threshold | 11.03 |
| Minor Benefits Exemption | $300 |
- FBT Year: 1 April 2025 to 31 March 2026.
- Minor Benefits Exemption: Benefits under $300 may be exempt if provided infrequently and irregularly.
- Car Parking: FBT applies if the daily commercial parking rate exceeds the ATO threshold.
Key FBT 2026 Dates
Payment Due: Same as lodgement date.
What This Means for You
- Review all benefits provided to employees and directors for FBT exposure.
- Apply the correct gross-up factor based on GST credit entitlement.
- Monitor car parking arrangements and check the ATO’s published threshold for the current year.
- Track minor benefits to ensure the $300 exemption is not exceeded.
Next Steps
Staying on top of FBT rates and thresholds is essential for compliance and minimising risk.
For tailored advice or a detailed FBT review, contact Andersen’s tax team or download the full PDF guide.
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