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Service changes and updates IR offices, myIR and phone lines (SPK2IR) are unavailable until the morning of Thursday 28 October for planned system maintenance. Find out more

Resurgence Support Payment (RSP) You will not be able to apply for the RSP in myIR until the morning of Thursday 28 October. Businesses affected by the alert level increase that started on 17 August can apply in myIR from 28 October. Applications for a 4th payment round are planned to open on 29 October. Find out more

Resurgence Support Payment (RSP) The government has announced an increase to the amount and frequency of the RSP from 12 November. Find out more

You must pay fringe benefit tax (FBT) on contributions you make to any employee's:

  • sickness, accident or death benefit fund
  • life, pension, personal accident or sickness insurance policy
  • friendly society insurance fund superannuation scheme where employer
  • superannuation contribution tax (ESCT) does not apply
  • funeral trust.

You pay FBT on contributions you make to an insurance policy when you:

  • take out the policy for an employee and pay their premiums
  • are a life insurer and offer discounted premiums for your life insurance agents and their families.

You do not pay FBT on contributions you make to an insurance policy when you:

  • pay the premiums on a policy which an employee took out. This is included in their gross salary or wages and subject to PAYE. 
  • take out a policy for an employee, pay the premiums and gain all the benefit from the policy. Your contributions are not included with their gross salary or wage.
7 minutes
Fringe benefit tax income year calculator

Use this calculator to work out FBT on all benefits provided when you file income year FBT returns.

Go to this tool
Last updated: 28 Apr 2021
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