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2025 FBT Update & EV concession changes that may affect you

​As the Fringe Benefits Tax (FBT) year concludes on March 31, 2025, it's crucial for employers to stay informed about the latest updates, particularly concerning electric vehicles (EVs). The Australian Taxation Office (ATO) has introduced…
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Swerve out of car FBT record keeping roadblocks

31st of March every year marks the time to read the car odometer; not for the next visit to the mechanic, but for car FBT (Fringe Benefits Tax) reporting on your business' vehicles. You’re providing a car and it’s your obligation to report…
electric car FBT

Who can get the new electric car tax concession?

New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. FBT free electric cars Electric vehicles (EV) represent just under 2% of the new car market…