Non-Profit News Service No. 0441 – Meeting your FBT obligations

Employers who qualify for a fringe benefits tax (FBT) rebate are referred to as ‘rebatable employers’.

If you are a rebatable employer in the not-for-profit sector and provide fringe benefits to your employees, you should be aware of the following:

the rebate reduces but does not eliminate your FBT obligation – you may still need to lodge an FBT return if you provide fringe benefits
each employer is required to lodge their own FBT return – make sure you report separately from other employers who may be part of the same group