March is the ideal time for Australian business owners to begin proactive tax planning before the 30 June EOFY deadline. With real financial data available and time still on your side, strategic decisions around structure, superannuation, assets, and tax concessions can help you minimise tax and improve cash flow outcomes.

Fringe Benefits Tax (FBT) is charged at 47%, making it one of the most significant compliance risks businesses face before 31 March. Company vehicles, employee reimbursements, entertainment, and salary sacrifice arrangements can quietly create large tax liabilities if not reviewed properly. This guide outlines the key areas businesses should review before the FBT year-end to ensure compliance and minimise risk.

Fringe Benefits Tax (FBT) is a critical, yet often misunderstood, area of Australian tax law. It is a tax paid by employers on certain non-cash benefits provided to employees in addition to salary, ranging from company cars and gym memberships to end-of-year entertainment.

This comprehensive guide covers what FBT is, the types of benefits it covers, and the crucial exemptions that every business must understand.

Division 7A continues to shape how private companies and trusts manage loans, payments, and unpaid present entitlements and the Bendel case has become the most significant test of these rules in more than a decade.

With the High Court appeal now underway and a decision expected in early 2026, business owners and advisers are navigating a period of uncertainty.