Course overview

If you provide employees with benefits, some of these may be exempt from fringe benefits tax (FBT) if they’re exempt minor benefits. Learn what exempt minor benefits are and the steps to work if they’re exempt from FBT.

Steps Progress

What is an exempt minor benefit?

 6 mins

What are fringe benefits?

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What is an exempt minor benefit?

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Steps to work out if a minor benefit is exempt from FBT

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Examples of exempt minor benefits

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Activity

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Gifts

 13 mins

Gifts

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Activity

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Activity

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Entertainment

 15 mins

Entertainment benefits

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Providing entertainment

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Example: Entertainment as an exempt minor benefit

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Activity

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Food or drink consumed on business premises

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Activity

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Example: Christmas party and gift

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Example: Gym membership where an exemption applies

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Example: Gym membership where an exemption does not apply

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Cars

 4 mins

Special rules that apply to car benefits

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Example: Vehicles and ad hoc road tolls

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FBT: Registration, reporting and record-keeping

 5 mins

If the minor fringe benefit exemption doesn’t apply

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Records required for FBT

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Related courses

 1 mins

Related courses

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Course Feedback

Course Feedback

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