Fringe Benefits Tax Calculator.
Calculate the Fringe Benefits Tax on salary packaging, company cars, and other employee benefits. See the grossed-up value and FBT payable.
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Fringe Benefits Tax (FBT) is an employer tax on non-cash benefits provided to employees — things like company cars, salary packaging, meals, and entertainment. While FBT is paid by the employer, it often impacts how salary packaging arrangements are structured and what's included in your reportable fringe benefits. The FBT rate is 47% (matching the top marginal rate + Medicare), applied to the 'grossed-up' value — making it one of the highest effective tax rates. Understanding FBT is crucial for anyone using salary packaging.
Real-world scenarios
Company Car FBT
An employer provides a car worth $50,000 to an employee. Using the statutory formula (20% of base value), taxable value is $10,000.
Grossed-up value (Type 1): $10,000 × 2.0802 = $20,802. FBT payable by employer: $20,802 × 47% = $9,777. This is the employer's cost ON TOP of the car itself. Employee contribution can reduce the $10,000 taxable value.
Salary Packaging at a Hospital
A nurse salary packages $15,900 at a public hospital (FBT-exempt employer).
FBT payable: $0 (exempt up to $15,900 for PBI employers). The nurse receives $15,900 from pre-tax salary — saving approximately $4,770-$7,155 in tax depending on marginal rate. This is why hospital/charity salary packaging is so powerful.