Fringe Benefit Tax is a tax on alternative forms of remuneration which a business might opt to pay to its employees in lieu of a salary.

Typical examples include entertainment related expenses, mobile phone allowances, a car allowance, meal allowance or travel allowance. FBT must be paid on most of these allowances because they are regarded as being a different form of income. Discounts on company products and services also apply as taxable fringe benefits. Much like an income tax return, these benefits must be submitted by every business to the Australian Taxation Office.

Some allowances are not taxable and normally apply to not for profit organisations.


Our business was transitioning from being a sales led to finance led company. We needed to improve several aspects of our company including management of aged receivables, understanding of our financial position and establishing platforms for growth. Engaging Dexterous has greatly improved the financial control of our company.

Our company resource has been able to focus on sales and marketing and make informed decisions based on sound advice from Dexterous. We now have clear visibility of our company’s financial position so purchasing and operational decisions can be made with confidence. We trust the advice provided by Dexterous and can see that it has improved our company’s cash flow and management while maximising profit.
We have had such a positive experience with Dexterous that we have recommended them to our suppliers and business partners.

Lee Michaels – Director, Habitat Digital

James, Nick and the team at Dexterous have become integral to the success of our growing business. Our operation has accounting complexities that we did not foresee, including dealing with income and expenses in a large number of currencies. This would have been almost impossible for us to manage ourselves as a small business, and cost prohibitive with many other accounting partners. Dexterous has made managing these complexities extremely easy, allowing us to focus on growing our business.

Jackie, who manages our day-to-day book keeping is efficient, extremely responsive and a real pleasure to deal with. James and Nick provide the senior accounting oversight and advice that we need to thrive. Thank you Dexterous.

Jessica Baird Walsh – Director, Atelier Child

"We previously controlled the bookkeeping function in-house however as the business was growing this was no longer viable. We engaged Dexterous to provide bookkeeping services and assist our business in transiting to cloud based accounting software. With the transition to the cloud, Dexterous enabled this to occur within a short time frame and in very professional manner.

Dexterous has provided peace of mind to our business and we are comfortable our accounts are in safe hands. Having the onshore management is an important factor to consider as you have someone to call upon locally when in need. Our daily bookkeeping tasks are ‘dealt with’ in a time manner ensuring we're focused on the overall management of the accounts"

Marvin Van Stralendorff - Carbon Reduction Institute

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