Fringe Benefits Tax Information for 2024 Financial Year
January 22, 2024
FBT Quarterly Payment Dates
(Based on Notional or Estimated Tax Liability)
– Same as BAS Dates
Single Payment Due Date (if FBT liability is below $3,000)
– 21 May 2024
FBT Rate for Year Ending 31 March 2024
– 47%
Benefit Value Gross-up
– Type 1: 2.0802
– Type 2: 1.8868
FBT Year End
– 31 March 2024
FBT Return Lodgement and Final Payment Date
– 21 May 2024
FBT Statutory Interest Until 31 March 2024
– 7.77%
FBT Car Parking Daily Threshold Until 31 March 2024
– $10.40