The FBT year is ending: What you need to do
While the standard financial year ends in June, the Fringe Benefits Tax (FBT) year actually ends on 31 March.
If your business provides benefits like company cars, gym memberships, or entertainment to employees, now is the time to gather your records. For those with company vehicles, please remember to take an odometer reading on 31 March.
We can help you work through the details and ensure you’re not paying more FBT than necessary.
Binghay & Co is a leading Accounting and Business Advisory firm based in Docklands, Melbourne, proudly servicing clients across Australia.



