Car fringe benefits tax

Car fringe benefits decision-making

If the answer to each question is yes, there is a car fringe benefit.

The questions that identify whether there is a car fringe benefit are: Is there a car? Is it held by the employer? Is it provided for private use? Answering ‘yes’ to all 3 questions means there is a car fringe benefit.

Take a minute to consider these questions and your circumstances to decide whether you’re providing a car fringe benefit.

Fringe benefits overview

3 mins

Benefits provided to employees	0%
Types of fringe benefits	0%
FBT obligations	0%
Fringe benefits tax – a guide for employers	0%
Activity	0%

Reducing your FBT liability

3 mins

Providing a cash bonus	0%
Using employee contributions	0%
Providing benefits that are income tax deductible	0%
Providing benefits that are exempt from FBT	0%

Providing a car fringe benefit

7 mins

Deciding if you’re providing a car fringe benefit	0%
What is a car?	0%
Exempt cars	0%
Held by employer	0%
Private use and availability	0%
Car fringe benefits decision-making	0%
Car FBT calculation methods	0%
FBT car calculator	0%
Activity	0%

Operating cost method

20 mins

Information required if you lease the vehicle	0%
Information required if you own the vehicle	0%
Keeping a logbook record	0%
Calculating your car FBT obligation using the operating cost method	0%
Completing your fringe benefits tax return	0%
Activity	0%

Statutory formula method

11 mins

Information required	0%
Calculating your car FBT obligation using the statutory formula method	0%
Completing your fringe benefits tax return	0%

Car fringe benefits records

1 mins

Car fringe benefits records	0%

Related courses

1 mins

Related courses	0%

Course Feedback

Course Feedback	0%