This second edition of the Australian Essential Guide to FBT provides a concise and up-to-date explanation of how FBT works and how to deal with it in practice. The FBT law stated in this edition is current as at 31 March 2023. TOPICS COVEREDIntroduction and overview of fringe benefitsEmployee ContributionsCar BenefitsCar Parking BenefitsLoan and Debt Waiver BenefitsExpense payment benefitsHousing BenefitsLiving-away-from-home Allowance BenefitsProperty BenefitsTaxable Value of Property Fringe BenefitsResidual BenefitsEntertainment BenefitsBoard BenefitsFBT rebatesMiscellaneous Exemptions, Reductions and ConcessionsRecords and AdministrationSalary packaging.