{"product_id":"fbt-for-cars-31-march-2026-calculator","title":"FBT for cars - 31 March 2026 Calculator","description":"\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003eThe new 2026 FBT calculator is now available. Features added this year are:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003e1. A \u003c\/span\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003ereminder the rules on Electric Vehicles (EV’s) changed on 01 April 2025. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003e2. A new option to use the Operating Cost method of 100% Private Use instead of the Statutory Method, and \u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"font-size: 12.0pt; mso-bidi-font-size: 11.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-family: 'Times New Roman';\"\u003e3. The deemed interest rate, the current quarterly super contribution maximum amount and per kilometre rates for vespas, motor cycles and non-exempt utilities have all also been updated. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eQuick, simple and easy to use, it has the following features from previous years:\u003c\/p\u003e\n\u003col\u003e\n\u003cli\u003eIt allows for up to 10 employees (you can hide the columns that don't apply,\u003c\/li\u003e\n\u003cli\u003eIt automatically calculates the FB regardless of when the vehicle was acquired, ie for pre May 2011 vehicles,\u003c\/li\u003e\n\u003cli\u003eIt allows for Electric Vehicles calculating the Reportable Fringe Benefit, \u003c\/li\u003e\n\u003cli\u003eIt uses two ways to check if a log book is valid based on the log book dates,\u003c\/li\u003e\n\u003cli\u003eIt alerts the user to tell your client they need to keep a new log book now, \u003c\/li\u003e\n\u003cli\u003eIt allows for non-car vehicles such as motor bikes and vespas,\u003c\/li\u003e\n\u003cli\u003eIt allows for three different types of FB reimbursement,\u003c\/li\u003e\n\u003cli\u003eIt calculates the Type 1 or Type 2 Gross up needed for the FBT return,\u003c\/li\u003e\n\u003cli\u003eIt calculates the Gross up needed for Payment Summaries,\u003c\/li\u003e\n\u003cli\u003eIt summarises the FB reimbursed (if any) to agree to the financial statements,\u003c\/li\u003e\n\u003cli\u003eIt contains warning messages to alert you to incorrect data entered and \u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eIt allows you to enter hyperlinks to source documents. \u003c\/li\u003e\n\u003cli\u003eIt include an Employer Declaration that they are monitoring employee use of Utes, with written policies. \u003c\/li\u003e\n\u003cli\u003eReminders that estimated fuel costs need to need to be in accordance with the relevant ATO Rulings. \u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp\u003eHowever the \u003cstrong\u003etrue value\u003c\/strong\u003e of this calculator is where it calculates whether it is better to cash in the Fringe Benefit or to actually pay the FBT. This allows you to work with your clients to discuss which way is the better way for employer and employee.\u003c\/p\u003e\n\u003cp\u003eFinally we include an Australian Taxation Office (ATO) approved declaration for employees who drive exempt vehicles to complete and sign and we include a written nomination form when an employee changes vehicle but wants to use the existing log book. \u003c\/p\u003e","brand":"Between The Spreadsheets","offers":[{"title":"Default Title","offer_id":48554300801252,"sku":null,"price":400.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0642\/1184\/5348\/files\/BTS_Products_EC_FBT_4Cars.png?v=1757570071","url":"https:\/\/betweenthespreadsheets.com.au\/products\/fbt-for-cars-31-march-2026-calculator","provider":"Between The Spreadsheets","version":"1.0","type":"link"}