Course overview

Develop a systematic approach to identifying, valuing and reporting employer-provided benefits for the fringe benefits tax (FBT) year from 1 April 2026 to 31 March 2027. Apply the relevant benefit categories, exemptions, substantiation requirements and employee reporting controls, while distinguishing proposed electric vehicle changes from the rules used for current calculations.

Course objectives

Identify employment-related benefits and distinguish FBT from income tax, payroll collection and other employee payment regimes.
Apply the supplied rates, valuation methods and evidence requirements to vehicles, parking and other benefits.
Analyse reimbursements, accommodation, employee contributions and otherwise deductible reductions without duplicating claims.
Assess employee reporting, exemptions and not-for-profit concessions using the conditions applicable to each benefit.
Prepare a reconciled employer review file that separates current treatment, proposed changes and unresolved evidence matters.

Learning Outcomes

You should be able to classify benefits by recipient, employment connection and the applicable statutory category.
You should be able to calculate taxable values and explain the distinction between taxable value, grossed-up value and FBT.
You should be able to assess vehicle, parking and accommodation arrangements using supporting records and relevant dates.
You should be able to distinguish exemptions, taxable-value reductions and exclusions from employee-level reporting.
You should be able to assemble an FBT review, allocate employee amounts and reconcile the result to payroll and accounting records.

The technical settings apply to the FBT year from 1 April 2026 to 31 March 2027. Practical scenarios are illustrative applications of the stated rules. Proposed electric vehicle changes are identified separately and must not be treated as enacted current-year concessions.

Work within the services you are authorised and competent to provide. Completion does not extend a professional registration or replace specialist advice on an employer’s particular circumstances.

CPD/CPE compliance mapping

Continuing professional development (CPD) and continuing professional education (CPE) should be relevant to the services and responsibilities you perform. The following is an indicative alignment with the professional development frameworks of CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), the Institute of Public Accountants (IPA) and the Tax Practitioners Board (TPB). It is not a statement of accreditation or approval. Business activity statement (BAS) service relevance depends on your authorised role. Record actual relevant study time, the learning outcomes achieved and objective completion evidence. Retain assessment results and completed activities where available. Do not count an administrative import table as additional learning, or automatically classify general technical tax content as mandatory ethics training. Indicative professional development alignment

Learning outcome	CPA Australia	CA ANZ	IPA	TPB relevance
Classify benefits and apply valuation and evidence controls.	Role-relevant tax knowledge and practical capability.	Maintenance of competence relevant to duties and responsibilities.	Technical and Product Knowledge; supporting professional judgement.	Relevant tax technical learning; assess its connection to services actually provided.
Review cars, electric vehicles and parking.	Applied remuneration and employer-tax knowledge.	Documented development in benefit valuation and evidence assessment.	Technical and Product Knowledge.	Tax-agent FBT application; relevant payroll and records interfaces for appropriately scoped work.
Assess finance, reimbursements and entertainment.	Transaction classification and calculation skills.	Evidence-based application of technical requirements.	Technical and Product Knowledge.	Maintaining competence in the relevant tax or BAS services provided.
Test accommodation and taxable-value reductions.	Professional judgement about records and work-related use.	Practical capability supported by worked applications.	Technical and Product Knowledge; Management and Professional Skills through review controls.	Relevant evidence, apportionment and compliance learning.
Reconcile reporting, concessions and employer review.	Role-relevant reporting and review capability.	Recorded outcomes and objective assessment evidence.	Technical and Product Knowledge; Management and Professional Skills.	Practice-quality and reporting controls where relevant to authorised services.

For a BAS agent, relevance is assessed against the BAS services actually provided; studying FBT does not itself authorise broader FBT advice or return services. Identify matters that require a suitably authorised practitioner. The same evidence quality and professional care apply across roles, while the permitted service scope remains distinct.