FBT 2026 – Key Learnings and Lessons from FBT Season 2026

Another FBT reporting year has been and gone. Time to take a breath, reflect and absorb some of the key learnings – ranging from straight out myths, misunderstandings and mistakes – some you may be aware of and some you may not know! We will explain the issue and the necessary fix.

In this session Paul Mather will reflect on the 2026 FBT season just gone, discuss the key learnings and the necessary fixes required, to improve the future process, policy and compliance.

Many of the learnings are due to myths and not understanding the full breadth of the FBT law.

The content will be explained from a practical experience perspective, technical understanding and recognising the business challenges.

Learning Outcomes:

Key learning outcomes include:

• Under estimating the Practical Challenges and breadth of the FBT law
• Record Keeping deficiencies and missed opportunities
• The many ongoing FBT myths and mistakes
• Motor Vehicles – key areas of learnings and opportunities:

• Misunderstandings with Statutory Formula Method
• Logbook errors and Operating Cost mistakes
• The tension around Utes and FBT Exemptions
• Why the correct Motor Vehicle classification is so important
• Novated Leases & Salary Packaging – how to understand, calculate and check Employee Contributions

• Car Parking fundamentals overlooked
• Car Parking savings – FBT reductions through record keeping and valuation alternatives
• Misunderstandings with FBT Exemptions – including Service Awards, Minor Benefits, Briefcases
• Meal Entertainment v Sustenance – it’s more than a taste test
• Reportable Fringe Benefits – common errors and challenges
• How to keep FBT top of mind to avoid FBT surprises

Suited to:

This session is suited to Accounting Firms and all Employers including Corporates, SME’s, Charities, Not for Profits and Local, State and Federal Government.

Suitable for everyone involved in 2026 FBT Management and Reporting, from FBT Return preparers and reviewers, including Accountants, Tax Accountants, Financial Accountants, Finance Managers, Payroll Managers, Tax Agents, Tax Practitioners and their teams.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation