Fringe Benefits Tax Calculator Australia โ FBT Year 2025-26
Calculate FBT on company cars, entertainment, housing, and other fringe benefits. Compare EV vs petrol car FBT savings. Type 1 and Type 2 gross-up rates applied. FBT year ending 31 March 2026. Rate: 47%.
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How to Use This Calculator
FBT Calculator tab
Select the benefit type (Car, Entertainment, Housing, or Other), enter the taxable value of the benefit, and indicate whether a GST credit is available (Type 1) or not (Type 2). The calculator shows the grossed-up value, FBT payable, effective cost, pre-tax salary equivalent, and whether the benefit is reportable.
Car Benefit tab
Enter the car cost price (GST-inclusive purchase price), days available for private use during the FBT year (1 April 2025 to 31 March 2026), and any employee contribution from after-tax income. The calculator uses the statutory formula method with the flat 20% rate to determine the taxable value and FBT payable.
EV vs Petrol tab
Enter the car value and select whether it is a battery electric vehicle (BEV), plug-in hybrid (PHEV), or petrol/diesel. The calculator shows the FBT saving from the EV exemption and checks eligibility against the $91,387 luxury car tax threshold for fuel-efficient vehicles.
Share your result
All inputs are encoded in the URL. Click Share to send your FBT calculation to your accountant or payroll team.
The Formula
Grossed-up Value = Taxable Value × Gross-up Rate
FBT Payable = Grossed-up Value × 47%
Gross-up Rates:
Type 1 (GST credit available): 2.0802
Type 2 (no GST credit): 1.8868
Car Statutory Formula:
Taxable Value = Car Cost × 20% × (Days Available ÷ 365) − Employee Contribution
Grossed-up Value = Taxable Value × 2.0802 (Type 1)
FBT = Grossed-up Value × 47%
EV Exemption:
FBT = $0 if the vehicle is a battery electric or hydrogen fuel cell vehicle AND the value is ≤ $91,387 (LCT threshold for fuel-efficient vehicles).
PHEVs are NOT exempt from 1 April 2025.
Worked Example
Company car $45,000 — full year, Type 1, no employee contribution
Step 1: Statutory fraction value
Step 2: Gross-up and FBT
Step 3: EV comparison
Key insight: A $45,000 petrol company car costs the employer $8,799 in FBT per year. The same car as a battery electric vehicle pays $0 FBT, saving $8,799 annually. Over a typical 3-year novated lease, that is $26,397 in FBT savings.
FBT Rates and Thresholds (FBT Year Ending 31 March 2026)
FBT rates and gross-up factors
| Item | Value |
|---|---|
| FBT rate | 47% |
| Type 1 gross-up rate (GST credit) | 2.0802 |
| Type 2 gross-up rate (no GST credit) | 1.8868 |
| Car statutory fraction | 20% (flat) |
| Minor benefit exemption | < $300 (infrequent/irregular) |
| Reportable threshold | $2,000 grossed-up |
EV FBT exemption thresholds
| Item | Value |
|---|---|
| LCT threshold (fuel-efficient) | $91,387 |
| Eligible vehicles | BEV, Hydrogen fuel cell |
| PHEV eligibility | NOT exempt from 1 Apr 2025 |
| Review status | Report due mid-2027 |
PHEVs with a pre-existing commitment before 1 April 2025 may still be exempt. Consult your tax adviser.
Not-for-profit FBT caps
| Organisation Type | FBT-free Cap |
|---|---|
| Public hospitals, public ambulance services, PBIs | $17,000 |
| Other NFP employers (charities, etc.) | $30,000 |
These caps apply to the grossed-up taxable value of benefits per employee per FBT year. Benefits within the cap are FBT-free to the employer.
FBT year vs income tax year
| Period | Start | End |
|---|---|---|
| FBT year | 1 April 2025 | 31 March 2026 |
| Income tax year (FY 2025-26) | 1 July 2025 | 30 June 2026 |
The FBT year and income tax year are different. FBT returns are due 21 May (or 25 June if lodged by a tax agent). Employers pay FBT quarterly or annually.