Taxation Services
Fringe Benefits Tax Support
Providing benefits to employees — cars, entertainment, loans, or health insurance — creates FBT obligations. PHC & Associates prepares your FBT return accurately, advises on benefit structuring to minimise liability, and ensures your salary packaging arrangements remain compliant.
1000+
Clients Advised
CPA
Certified
Monthly
Board Packs Delivered
What's Included
Our FBT Service Covers
Preparation and ATO lodgement of the annual FBT return (year ending 31 March)
Taxable value calculations for all fringe benefit categories
Motor vehicle FBT — statutory formula and operating cost methods
Employee contributions and otherwise deductible rule applications
FBT exemptions and concessions review (minor benefits, work-related items)
Salary packaging design and restructuring advice
Reportable fringe benefits amounts for employee payment summaries
Quarterly FBT instalment advice and BAS reporting
Common Fringe Benefits
Benefits That Trigger FBT Obligations
If you provide any of the following to employees or their associates, FBT may apply.
Motor Vehicles
Entertainment
Housing & Living
Expense Payments
Loans
Property & Goods
Documents Required
What to Provide
FBT is calculated on the year ending 31 March. Please provide records for that period.
Vehicle Records
- Logbooks (operating cost method)
- Vehicle purchase price / lease documents
- Odometer readings at 31 March
- Fuel and running cost records
Entertainment Records
- Entertainment expense receipts
- Guest lists (employees vs clients)
- Function invoices and venue costs
- 50/50 split method election (if used)
Other Benefits
- Loan account balances and interest rates
- Expense payment vouchers and receipts
- Employee declarations (otherwise deductible)
- Housing lease or purchase agreements
How It Works
Your FBT Roadmap
The FBT year ends 31 March — returns are due by 21 May (or later via a registered agent).
Benefits Review
We identify all benefits provided during the FBT year and assess what's taxable.
Records Collected
You provide logbooks, receipts, and declarations — we advise on exactly what's needed.
Taxable Value Calculated
We calculate the taxable value of each benefit type and identify applicable exemptions.
Return Prepared
Your FBT return is prepared and reviewed with you before lodgement.
ATO Lodgement
We lodge the return and advise on FBT payable — and planning to reduce next year's liability.