2025 Fringe Benefits Tax year

The 2025 Fringe Benefits Tax (FBT) year is coming to a close, read our article to see what employers should be doing, it is important for employers to review any fringe benefits they may have provided to employee and record vehicle odometer reading for the FBT year. FBT pertains to any non-cash benefits employers provide to their employees. The ATO have an aggressive compliance stance when it comes to FBT, employers need to be on the front foot to avoid any potential penalties.