ONESOURCE Fringe Benefits Tax
Effortless automation with a trusted solution
Join over 1,000 organisations using a trusted, Big 4 - validated Fringe Benefits Tax (FBT) solution, engineered by local tax experts. Streamline your FBT calculations to save time and boost accuracy.
Reduce errors
Seamlessly upload existing workpapers into the platform, quickly identify data input errors, and delegate preparation tasks to ensure compliance confidence.
Automate calculations
Calculate with confidence, knowing that pre-configured tax rates will provide you with better results more quickly.
Customisable
Choose Lite for essential FBT tools or Standard for advanced features, including unlimited employee capacity, custom reports, and detailed analysis, tailored to your requirements
Streamline processes
Save time and paper with the ease of electronic lodgement.
Simplify FBT: Streamline compliance and reporting with ease and precision
Pre-built workpapers
Automated calculations, validations, and data integrity checks for all FBT types including Electric Vehicle(EV) exemption. Upload existing workpapers or enter data directly into the grid/workpaper with real-time validation
Tax technical commentary
Seek guidance on all FBT benefit types, rates, thresholds and treatments with intuitive commentary and help options.
Compliance checklists
FBT checklists to assist in your compliance process, along with declarations and elections in the ATO-recommended format. Generate and email employee RFBA letters and declarations.
Ease of filing
Automated roll forward and electronic lodgement directly to the ATO with Thomson Reuters' SBR-compliant ONESOURCE E-Filing Manager.
Flexible reporting
Present your full FBT breakdown with benefit, entity, and lodgement details, along with exception and payroll tax reports, year-on-year comparisons, customisation, and more.
Customised categories
User-defined fields and standard categories enable you to manage and classify benefit types in your workpapers to suit your reporting requirements. Easily add up to 10 additional reporting columns.
Talk to an expert
Learn how ONESOURCE Fringe Benefits Tax automation can enhance your workflow efficiency!
Featured resources
Guide
2024 FBT Guide: Cost and time savings opportunities
Webinar
Navigate the Road to Compliance
Frequently asked questions
Automate your FBT compliance with software solutions that offer features like data import, automated calculations, and electronic lodgement. These tools reduce manual effort, increase accuracy, and save time.
FBT automation efficiently handles large data sets by allowing easy data import from multiple sources, performing bulk validations, and generating comprehensive reports quickly.
Most FBT solutions include a roll-forward feature that automatically carries over relevant data from the previous year, simplifying the preparation of current-year returns.
Visit the ONESOURCE website or contact our sales team to schedule an obligation-free demonstration, where you can explore the solution's features and benefits firsthand.
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Experience it for yourself
Learn how ONESOURCE Fringe Benefits Tax automation can enhance your workflow efficiency!
Have questions? Contact a representative