Skip to content
TaxAssist Australia
Phone
News

FBT Year-End Is Almost Here (31 March) 

If you provide benefits to employees, the Fringe Benefits Tax (FBT) year ends on 31 March.

This includes benefits such as: 

  • Company cars 
  • Entertainment (meals, events) 
  • Employee reimbursements 
  • Loans to employees 

What you should do now: 

  • Identify any fringe benefits provided during the year 
  • Ensure records and documentation are complete 
  • Review whether exemptions or reductions apply 

The Australian Taxation Office (ATO) expects accurate reporting and good record-keeping in this area. 

Tip: Leaving this until after 31 March can make compliance much harder. 

Date published 27 Mar 2026 | Last updated 27 Mar 2026

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus

We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our multiple locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free consultation

1300 513 332

or Contact us

Contact Us