There are several types of fringe benefits. Some examples are:
- allowing an employee to use a work car for private purposes – that’s a car fringe benefit
- providing entertainment by giving free tickets to concerts or sport events; these are entertainment-related fringe benefits
- paying an employee’s gym membership or reimburse any of their private expenses, such as school fees – these are examples of expense payment fringe benefits
- providing an employee with the right to use accommodation and it’s their usual place of residence is a housing fringe benefit. If you pay an employee a living-away-from-home allowance, you are providing a living-away-from-home-allowance fringe benefit.
Last modified: 26 Aug 2022
Expense payments fringe benefits tax
Steps | Progress | ||||
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Fringe benefits overview |
3 mins | ||||
Providing an expense payment fringe benefit |
5 mins | ||||
Reducing your FBT liability |
3 mins | ||||
Expense payment FBT records |
2 mins | ||||
Related courses |
1 mins | ||||
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