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Tax & ComplianceAustraliaGift Cards·August 17, 2026·16 min read

Tax-Free Employee Gifts in Australia: The $300 FBT Rule (2026)

Last updated: August 2026

TL;DR

Australia lets you give an employee a $299 gift card with no FBT, no PAYG withholding, no superannuation and a full income tax deduction. That is the minor benefits exemption in section 58P of the Fringe Benefits Tax Assessment Act 1986. The FBT rate is 47% and the FBT year runs 1 April to 31 March.

But the $300 test has two limbs, and almost every summary only reports the first. The benefit must be worth less than $300 and it must be unreasonable to treat it as a fringe benefit, judged against five criteria in paragraph 58P(1)(f). The ATO's own ruling, TR 2007/12, contains two store-voucher examples on near-identical facts that reach opposite answers — and the difference is programme design, not dollar value.

Three things almost everyone gets wrong. (1) The $300 applies to each benefit, not to the year — it is explicitly "not an upper limit on the total value of minor benefits that any individual employee may receive". (2) You cannot claim a GST credit on a gift card, because a face value voucher is not a taxable supply under Division 100 of the GST Act. (3) An FBT-exempt Christmas party is not tax deductible — but an FBT-exempt gift card is.

The threshold is a cliff edge. A $299 card costs you $299. A $300 card costs $566.04, because the exemption fails entirely and the Type 2 gross-up applies. One dollar of extra generosity buys $267.04 of extra tax.

Australia is the only major jurisdiction in this series where the tax outcome of a reward depends less on what you give than on how often you give it. The UK trivial benefits rules care about intent and a £50 cap. Germany cares about the technical form of the instrument and a €50 monthly ceiling. Canada cares about closed-loop conditions and an annual $500 pot. Australia has no annual pot at all — and that sounds generous until you read the second limb of the test, which asks whether a reasonable person would look at the pattern of your rewards and call them remuneration.

The practical consequence is unusual: two employers can hand out identical $299 gift cards and get opposite tax outcomes. That is not a theoretical edge case. It is worked through twice, on the record, in the Commissioner's own binding public ruling.

This guide sets out the 2026 position for a normal taxable employer (companies, partnerships, sole traders). Tax-exempt bodies — charities, public benevolent institutions, public hospitals — face a materially different regime and are flagged where relevant. It is written for HR, People Ops, payroll and finance teams designing or auditing a rewards programme with Australian employees, and it is general information rather than advice on your circumstances. Confirm treatment with your registered tax agent before changing practice.

<$300
Notional taxable value, per benefit — not per year
47%
FBT rate, unchanged for FBT years ending 2023 to 2027
1.8868
Type 2 gross-up rate — the one that applies to gift cards
31 Mar
FBT year end; return due 21 May, or 25 June via a tax agent

The $300 rule is a two-limb test

Section 58P makes a minor benefit exempt where both of the following are satisfied. Missing either one means the benefit is a fringe benefit in full — there is no partial relief and no apportionment.

LimbWhat it requiresHow it is usually failed
1. Value
para 58P(1)(e)
The notional taxable value — what the benefit would be worth if it were taxable — must be less than $300. Less than, not up to. A $300.00 card failsBuying $300 cards because "the limit is $300". The limit is $299.99. This single rounding error is the most expensive mistake in this article
2. Unreasonableness
para 58P(1)(f)
It must be unreasonable to treat the benefit as a fringe benefit, having regard to five specified criteria covering frequency, cumulative value, associated benefits, valuation difficulty and the circumstances of provisionAssuming value alone decides it. TR 2007/12 states flatly that section 58P "does not apply to exempt all benefits that have a notional taxable value of less than $300"
The most misquoted sentence in Australian rewards content

The $300 threshold applies to each benefit provided to an individual employee. TR 2007/12 puts it beyond argument at paragraph 17: the threshold test "is not an upper limit on the total value of minor benefits that any individual employee may receive". There is no annual cap in the legislation.

That does not make the year unlimited, because the second criterion under limb 2 asks about the total value of identical or similar benefits across this year and all other years. The constraint on the year is real — it is just a judgement, not a number. Anyone who quotes you "$300 per employee per year" has merged the two limbs into one and got both wrong.


The five criteria that actually decide it

Limb 2 is where rewards programmes live or die. The five criteria are set out in paragraph 58P(1)(f) and elaborated in TR 2007/12. The Commissioner is explicit that each must be given due weight, and that the weight varies with the circumstances — so this is a balancing exercise, not a checklist you can pass by satisfying four out of five.

CriterionWhat the ATO looks atProgramme design implication
1. Frequency and regularityThe more frequently and regularly the benefit is provided, the less likely it qualifies. The ATO declines to name a maximum number of timesA monthly award cadence is the single strongest argument against you. Ad hoc beats scheduled, every time
2. Cumulative value of identical or similar benefitsThe greater the running total of similar benefits — in this year and all other years — the less likely they qualifyThis is the de facto annual limit. It is not $300 and it is not published; it is "not substantial" judged on your facts
3. Value of associated benefitsBenefits provided in connection with the minor benefit are added into the picture — the classic example is a meal plus accommodation plus taxi travelA gift handed out at a Christmas party is a separate benefit from the party, but the party still counts as an associated benefit in the judgement
4. Practical difficulty of valuationIncluding the difficulty of keeping the necessary records. Hard-to-value benefits lean towards exemptionThis one works against gift cards. A card has an unambiguous face value and near-zero record-keeping burden, so this criterion never helps you
5. Circumstances of provisionWhether the benefit responded to an unexpected event, and whether it could be considered "principally as remuneration"The criterion everyone cites as fatal to recognition rewards. As the next section shows, it is not fatal on its own

The two examples that should decide your programme design

TR 2007/12 contains eleven worked examples. Two of them — Example 8 and Example 9 — are the most useful paragraphs the ATO has ever published for anyone running an employee recognition scheme, and they are almost never quoted. Both involve store vouchers under $300 given to employees. They reach opposite conclusions.

 Example 8 — staff incentive schemeExample 9 — staff recognition
The factsA monthly sales incentive scheme. Employees who hit their target get a store voucher under $300. Most employees are expected to hit the targetAn employee worked diligently and met a tight project deadline. The employer gives them a store voucher under $300, outside any formal scheme
How oftenRepeatedly, in the current and previous years — and predictablyTwice: once earlier this year, once in a previous year
Reward for services?Yes — "wholly or principally a reward for services rendered"Also yes — "provided wholly or principally as a reward for services rendered"
Cumulative value"Considered to be substantial""Would not be substantial"
OutcomeNot exempt. FBT applies to the full value of every voucherExempt. No FBT
Read those two rows together

In both examples the voucher is explicitly a reward for services rendered. In Example 9 it is still exempt. That demolishes the most repeated claim in Australian gift-card content — "the gift must not be a reward for service". Being a reward for service is one input into a five-part balancing exercise, and on the ATO's own facts it can be outweighed.

What actually separated the two was formality, predictability and accumulation: a named monthly scheme with a target most people hit, versus a manager reacting to something that happened. If you want your recognition rewards to sit inside the exemption, that is the design brief.

There is a hard commercial trade-off buried in this, and it is worth stating plainly rather than pretending it away. The programmes that behave best under FBT — irregular, unscheduled, low-cadence — are not always the programmes that change behaviour best. Peer-to-peer recognition works precisely because it is frequent and low-friction, and a high-frequency programme with small rewards is a legitimate design choice. It simply is not an FBT-exempt one. Decide which you are running, price it accordingly, and do not discover the answer during a review.

Salary sacrifice destroys the exemption outright. TR 2007/12 is unambiguous: the minor benefits exemption does not apply to benefits provided under a salary sacrifice arrangement. If an employee gives up salary to receive gift cards, section 58P is unavailable regardless of value or frequency. The same exclusion appears on the ATO's own guidance page.


The GST credit you cannot claim

Search "Christmas gifts for employees tax" in Australia and you will find the same sentence everywhere: non-entertainment gifts under $300 are FBT-free, tax deductible and you can claim the GST credit. The list of examples then runs "hampers, wine, flowers, gift cards and vouchers".

For hampers, wine and flowers that is correct. For gift cards it is wrong, and the reason is in a different Act entirely.

Division 100 of the GST Act deals with vouchers. Where a voucher has a stated monetary value, the amount paid for it does not exceed that value, and redemption entitles the holder to supplies up to that value, it is a face value voucher — and its supply is not a taxable supply. GST is accounted for downstream, when the card is redeemed for goods, not when it is sold. GSTR 2003/5 sets out the Commissioner's view.

The consequence for an employer is direct: you paid no GST when you bought the card, so there is no GST credit to claim. There is no dollar threshold on this — it applies to a $50 card and a $1,000 card equally.

This is not a rounding error, it changes the gross-up rate. The Type 1 gross-up rate (2.0802) applies where the provider is entitled to a GST credit. The Type 2 rate (1.8868) applies where it is not. Because a face value voucher carries no GST credit, gift cards gross up at Type 2. Any FBT calculation on gift cards that uses 2.0802 is overstating your liability by roughly 10%.

One further wrinkle that matters when you are choosing which brands go in a catalogue: not every voucher is a face value voucher, and not every voucher is a property benefit. A Coles, Bunnings or department store card with a dollar value on it is both. A cinema ticket is a voucher but not a face value voucher, and it sits in the entertainment category. A restaurant voucher redeemable for "two main courses" is meal entertainment. The brand you pick changes the tax treatment, as the next section shows.


What one dollar over $300 actually costs

Because section 58P is all-or-nothing, crossing $300 does not tax the excess — it taxes the whole benefit. On a $300 gift card the arithmetic runs: taxable value $300, grossed up at the Type 2 rate of 1.8868 gives $566.04, FBT at 47% is $266.04.

Employer cash outlay to reward one employee

Australian dollars, FBT year ending 31 March 2027. Super guarantee at 12%; employee marginal rate assumed 32% (30% plus 2% Medicare levy, the $45,001–$135,000 bracket)

$299 gift card (exempt)
$299
$300 cash bonus + 12% super
$336
Cash grossed up so the employee nets $300
$494
$300 gift card (exemption fails)
$566

Two things fall out of that chart. The first is the cliff: the three-hundredth dollar costs $267.04, taking employer outlay from $299 to $566.04 — an 89% increase for 0.3% more value in the employee's hands.

The second is the comparison people rarely run. A compliant $299 gift card delivers more value to the employee than a $300 cash bonus, for less money. The bonus costs $336 once super is added and lands as roughly $204 after tax. The card costs $299 and lands as $299 of spending power. To match the card in cash you would need to gross up to about $441 and pay $53 of super on top. That is the whole argument for non-cash rewards reduced to one line of arithmetic — and it is stronger in Australia than in most countries, because the exemption is genuinely per-benefit rather than an annual allowance.

Payday Super widened this gap on 1 July 2026

From 1 July 2026 the super guarantee is calculated on qualifying earnings and must reach the employee's fund within seven business days of each payday, rather than 28 days after the end of the quarter. Bonuses sit inside qualifying earnings. Fringe benefits do not: benefits within the meaning of the FBT Act are excluded from salary or wages by subsection 11(3) of the SGAA, as confirmed in SGR 2009/2.

So a cash bonus now carries 12% super with a seven-day payment clock and a Single Touch Payroll reporting obligation on the pay run it falls in. A minor benefit under section 58P carries none of that.


The deductibility inversion: why the party is worse than the card

Here is the counter-intuitive part of the Australian system, and it catches out finance teams who assume that avoiding FBT is always the win.

Entertainment expenditure is denied a deduction by Division 32 of the Income Tax Assessment Act 1997, with an exception where the entertainment is a fringe benefit. So for entertainment, paying FBT buys back your deduction, and being exempt from FBT costs you the deduction. The ATO says it in one sentence on its own page: "If the Christmas party is not subject to FBT, you can't claim income tax deductions for the cost of the party."

A gift card is not entertainment. It is a property benefit, Division 32 never engages, and the deduction survives whether or not FBT applies. Put the four common year-end options side by side and the ranking is not the one most people expect.

What you give (under $300, infrequent)FBTIncome tax deductionGST credit
Store gift card (face value voucher)ExemptYesNo — no GST was charged
Hamper, wine, flowersExemptYesYes
Christmas party off premisesExempt (if under $300 a head)NoNo
Cinema tickets, restaurant voucherExempt (entertainment / meal entertainment)NoNo
Gym membership at $480 (recreation entertainment)FBT payable — over $300Yes — because FBT appliesYes

After-tax cost of putting $250 of value in front of each employee

Net of GST credits and of a 30% company tax deduction where one is available. Assumes each benefit is under $300 and infrequent, so FBT is exempt in every row

Hamper — deductible, GST credit
$159
Store gift card — deductible, no GST credit
$175
Restaurant voucher — no deduction
$250
Christmas party off premises — no deduction
$250

The same $250 of perceived generosity costs 57% more delivered as a restaurant voucher than as a hamper, and 43% more than as a store gift card — entirely because of Division 32. If your company is a base rate entity taxed at 25% the gaps narrow slightly, but the ordering does not change.

One nuance worth keeping: food and drink consumed by current employees only, on your business premises, on a working day is exempt from FBT under a separate provision and does not need section 58P at all — but it is still entertainment, so the deduction is still denied. The on-premises lunch is cheaper than the restaurant, not free.


Where the exemption is simply unavailable

Some benefits are carved out of section 58P before you get anywhere near the criteria. If your programme touches any of these, the analysis stops.

ExcludedWhy it matters to a rewards programme
Salary sacrifice arrangementsFatal to any "swap part of your pay for reward points" design. No value or frequency will save it
In-house benefitsYour own goods or services given to staff sit outside section 58P. Retailers rewarding staff with their own product need a different provision
Tax-exempt body entertainmentCharities, PBIs and government bodies cannot use section 58P for entertainment, with two narrow exceptions — one of which is a function on work premises recognising staff for something to do with their work
Meal entertainment under the 50:50 splitElecting the 50:50 method for meal entertainment switches off the minor benefits exemption for those benefits entirely
Airline transport benefitsSpecifically excluded by the section

Two groups sit outside FBT altogether, which is a useful piece of good news. Benefits provided to clients attract no FBT — the ATO states this directly — and genuine independent contractors are not employees, so FBT does not arise on rewards to them either. Deductibility for client gifts still turns on whether they are entertainment and whether they were incurred in earning assessable income, and rewards paid to contractors may raise their own income tax questions in their hands. But the $300 test is not your problem there. If you run a channel partner or reseller incentive, this is the distinction that governs it.


Reporting, records and the dates that matter

An exempt minor benefit is invisible to the payroll system: no PAYG withholding, no super, nothing on the employee's income statement. What you do still need is evidence that it was exempt.

Obligation2026–27 position
FBT year1 April to 31 March — not the income year. Budget cycles that run to 30 June will straddle two FBT years
Return lodgment21 May, extended to 25 June where lodged electronically through a registered tax agent
Quarterly instalmentsRequired where your FBT liability for the previous year was $3,000 or more
Reportable fringe benefitsReported on the employee's income statement only where their total taxable value exceeds $2,000, grossed up at the lower rate — a minimum reportable amount of $3,773. Exempt benefits are never reportable
Record keeping exemption threshold$10,962 for the FBT year ending 31 March 2027, up from $10,664
Record retentionGenerally five years from the date the FBT return is lodged

The reportable fringe benefits point deserves emphasis, because it is a genuine employee-experience issue. A reportable fringe benefits amount is not taxed directly, but it is counted in the income tests for the Medicare levy surcharge, private health rebate, family assistance and child support. An employee who receives $2,000 of taxable rewards can find their family payments reduced by a benefit that was meant to be a thank-you. Keeping rewards inside section 58P avoids that conversation entirely.

What to actually record

Australia, unlike Canada, does not prescribe a specific log for gift cards. But limb 2 is a judgement about frequency and accumulation, and you cannot defend a judgement you have no data for. Record, per issuance: employee, date, amount, reason, what triggered it, and whether it formed part of a formal scheme. That is the evidence base for the second limb, and it is the same dataset your finance team needs for the deduction.


Australia against the rest of the series

If you operate in more than one country, the useful thing is not the numbers but the shape of each rule. Australia is the only one in this list where the constraint is behavioural rather than numerical.

CountryTax-free headroomShape of the ruleOver the line
AustraliaUnder $300 per benefit; no statutory annual capStatutory exemption plus a five-criteria reasonableness testCliff edge — whole benefit taxable, employer pays 47% grossed up
United Kingdom£50 per trivial benefit; £300 a year for close-company directorsStatutory exemption with an intent test — not a reward for servicesCliff edge — whole benefit taxable
Germany€50 per month, plus €60 per personal occasionStatutory Freigrenze with strict technical conditions on the instrumentCliff edge — one cent over destroys the whole month
Canada$500 a year combined, plus a separate $500 long-service awardAdministrative policy with four closed-loop conditions and a required logThreshold — only the excess is taxable
PolandDepends on funding via the ZFŚS social fund and the employee's circumstancesSource-of-funds test rather than a value testThreshold, but only if the fund conditions were met in the first place
United StatesNone for gift cardsCash equivalent doctrine — de minimis relief is unavailable to anything with a face valueTaxable from the first dollar, as wages

The multi-country trap is a global rewards policy that sets one number. A $250 standard reward is comfortably exempt in Australia, four times over the UK trivial benefits limit, five times over the German monthly ceiling, half of the Canadian annual allowance, and fully taxable in the United States. If you are standardising anything, standardise the process and vary the amount — which is the argument made at length in how to reward remote teams in 10+ countries.


An Australian programme that survives a review: eight decisions

  • Set the card value at $250, not $299 or $300. The threshold is "less than $300", and you want headroom for a value that shifts, a currency conversion, or a supplier that rounds up. The gap between $250 and $299 is $49; the gap between $299 and $300 is $267.
  • Do not run a monthly award with a target most people hit. That is Example 8 in TR 2007/12, and it is not exempt. If you want that cadence, budget for the FBT rather than hoping.
  • Keep the trigger discretionary and event-driven. Manager-initiated recognition of specific work, rather than a formula. That is Example 9, and it is exempt even though the ATO accepts it is a reward for services.
  • Track cumulative value per employee across years. The second criterion is the real annual limit and it is invisible unless you are counting. Set an internal review point — three awards a year to the same person is a reasonable place to start asking questions.
  • Choose face value store cards over experience and hospitality brands where you want the deduction. Cinema, restaurant and event vouchers fall into entertainment and lose it.
  • Never route rewards through salary sacrifice. It is an outright exclusion, not a factor to be weighed.
  • Book gift cards without a GST credit and gross up at Type 2 (1.8868) if the exemption fails. Getting this wrong overstates FBT by about 10% and creates a reconciliation problem later.
  • Reconcile against the FBT year, not the financial year. Everything closes 31 March; the return is due 21 May, or 25 June through a tax agent. A December programme sits in the FBT year that ends the following March.

Claims about the $300 rule to treat with caution

Four assertions circulate widely enough in Australian HR and finance content to be worth naming, because each of them is either wrong or materially incomplete.

Common claimWhat is actually the case
"You get $300 per employee per year tax-free"There is no annual cap. TR 2007/12 para 17 says the threshold "is not an upper limit on the total value of minor benefits that any individual employee may receive". The year is constrained by a judgement, not a number
"The gift must not be a reward for service"That is the UK trivial benefits test, not the Australian one. In TR 2007/12 Example 9 the voucher is "wholly or principally a reward for services rendered" and is still exempt
"Claim the GST credit on gift cards under $300"There is no GST on the supply of a face value voucher under Division 100, so there is no credit to claim. The advice is correct for hampers and wine and wrong for cards
"Keeping the party under $300 a head saves you money"It saves FBT and costs the deduction. Under Division 32, entertainment that is exempt from FBT is not deductible — so the exempt party can be the more expensive option after tax

Where a rewards platform helps — and where it does not

Nothing in a software platform changes the second limb of section 58P. Cadence and formality are policy decisions, and no vendor can make a monthly targeted incentive scheme exempt. What a platform can do is remove the two mechanical failure modes: awarding above the threshold, and having no record of the pattern when someone asks.

If you are buying gift cards in bulk for an Australian team, the practical requirements are a catalogue you can constrain by market and by value, per-issuance records you can query by employee and by year, and delivery that does not force you into denominations set by whatever the retailer happened to stock. Our bulk gift card API covers the delivery side; the reporting side is what actually gets used at 31 March.

Run an Australian rewards programme that stays inside section 58P

Rewordin lets you cap reward values by market, so Australian employees never see an option that breaks the $300 threshold while your UK, German and Canadian teams sit inside their own limits. Per-employee, per-issuance records — the evidence the second limb of the test depends on — come as standard.


Frequently asked questions

Are gift cards taxable to employees in Australia?

Not to the employee. A gift card given by an employer is a fringe benefit, and FBT is a tax on the employer, not on the employee — it never appears as income on the employee's tax return. If the card qualifies as a minor benefit under section 58P (under $300 and unreasonable to treat as a fringe benefit) there is no FBT either. If it does not qualify, the employer pays FBT at 47% on the grossed-up value, and the amount may need to be reported on the employee's income statement if their total reportable benefits exceed $2,000 for the year.

Is the $300 limit per year or per gift?

Per benefit. TR 2007/12 states at paragraph 17 that the threshold test applies to each benefit provided to an individual employee and "is not an upper limit on the total value of minor benefits that any individual employee may receive". However, the second limb of the test looks at the total value of identical or similar benefits across this year and all other years, so the number of awards you can give the same person is constrained by a judgement about substantiality rather than by a stated dollar cap.

Can I give a $300 gift card?

You can, but it is the most expensive dollar you will spend all year. The exemption requires a notional taxable value of less than $300, so a $300.00 card fails entirely rather than partially. Grossed up at the Type 2 rate of 1.8868 and taxed at 47%, a $300 card carries $266.04 of FBT for a total employer cost of $566.04, against $299 for a $299 card. Most Australian programmes settle at $250 to leave room for error.

Can I claim a GST credit on gift cards bought for staff?

No, where the card is a face value voucher — one with a stated monetary value, bought for no more than that value, redeemable for supplies up to that value. Division 100 of the GST Act means the supply of such a voucher is not a taxable supply, so no GST was charged and there is nothing to claim. GST is accounted for when the card is redeemed, by the retailer. This also means gift cards gross up at the Type 2 rate of 1.8868 rather than Type 1 of 2.0802 if the FBT exemption fails.

Does a gift card given as a performance reward still qualify?

It can. This is the most common misconception, imported from the UK trivial benefits rules where being a reward for services is disqualifying. In Australia it is one of five criteria to be weighed. TR 2007/12 Example 9 involves a store voucher provided "wholly or principally as a reward for services rendered" and concludes it is exempt, because the recognition was ad hoc and the cumulative value was not substantial. Example 8 — a monthly sales incentive scheme with the same voucher value — is not exempt.

Do gift cards attract superannuation?

No. Benefits that are fringe benefits within the meaning of the FBT Act are excluded from salary or wages by subsection 11(3) of the Superannuation Guarantee (Administration) Act, as set out in SGR 2009/2, so they are not qualifying earnings for super guarantee purposes. A cash bonus is a different matter: it is generally qualifying earnings, so 12% super applies, and since 1 July 2026 those contributions must reach the employee's fund within seven business days of the payday.

Is our Christmas party tax deductible if it is under $300 a head?

No — and that is the point most year-end planning misses. The ATO states that if the Christmas party is not subject to FBT, you cannot claim an income tax deduction for the cost, and no GST credits are available either. Entertainment is denied a deduction by Division 32 unless it is a fringe benefit, so exempting the party from FBT also removes the deduction. A non-entertainment gift such as a store gift card, hamper or wine keeps its deduction whether or not FBT applies.

Do rewards to contractors and clients attract FBT?

No. FBT applies to benefits provided in respect of employment, so genuine independent contractors are outside it, and the ATO confirms there is no FBT on benefits provided to clients. Deductibility is a separate question and still turns on whether the benefit is entertainment and whether it was incurred in earning assessable income. Be careful with the contractor classification itself — a worker treated as a contractor who is in substance an employee brings FBT, PAYG and super obligations with them.

What records do we need to keep?

There is no prescribed gift card log in Australia as there is in Canada, but the second limb of section 58P is a judgement about frequency and accumulation that you cannot defend without data. Record per issuance: employee, date, amount, reason, trigger, and whether it was part of a formal scheme. FBT records are generally kept for five years from the date the return is lodged, and the ATO has flagged record keeping as a focus area across all categories of fringe benefits.


Sources

  • Taxation Ruling TR 2007/12 Fringe benefits tax: minor benefits — the binding public ruling on section 58P: the two-limb structure, paragraph 17 on the threshold applying per benefit and not as an annual cap, the exclusion of salary sacrifice arrangements and in-house benefits, and the eleven worked examples including Example 8 (monthly sales incentive scheme, store vouchers, not exempt) and Example 9 (ad hoc staff recognition, store voucher, exempt)
  • ATO, "Minor benefits exemption" — the five criteria under paragraph 58P(1)(f), the statement that the $300 threshold applies separately to connected benefits, and the list of benefits to which the exemption does not extend
  • ATO, "Common entertainment scenarios for business" — the Christmas party and gifts scenarios, the statement that a party not subject to FBT is not deductible, the gym membership example showing that FBT-liable entertainment is deductible with GST credits, and the confirmation that there is no FBT on benefits provided to clients
  • ATO, "FBT and festivities: what employers need to know" (published 31 October 2025) — the current small business guidance on gifts, parties and the $300 minor benefit threshold
  • ATO, "Fringe benefits tax – rates and thresholds" — the 47% rate for FBT years ending 2023 to 2027, the Type 1 (2.0802) and Type 2 (1.8868) gross-up rates, the $2,000 reportable fringe benefits threshold and $3,773 minimum reportable amount, the $3,000 instalment threshold, and the record keeping exemption threshold of $10,962 for the year ending 31 March 2027
  • A New Tax System (Goods and Services Tax) Act 1999, Division 100, and GSTR 2003/5 — the face value voucher rules under which the supply of a gift card is not a taxable supply, so no GST credit arises on acquisition
  • Income Tax Assessment Act 1997, Division 32 — the denial of deductions for entertainment expenditure and the exception where the entertainment is a fringe benefit, which produces the deductibility inversion described above
  • SGR 2009/2 and subsection 11(3), Superannuation Guarantee (Administration) Act 1992 — fringe benefits are excluded from salary or wages, and so from super guarantee
  • ATO Payday Super guidance and "Super guarantee" rates page — the 12% super guarantee rate, the move to qualifying earnings and seven-business-day payment from 1 July 2026
  • TaxEd, "GST and FBT – giving vouchers to staff" — professional commentary corroborating the Type 2 gross-up conclusion for face value vouchers and the categorisation of store vouchers as property benefits versus cinema and restaurant vouchers as entertainment

All figures verified against the sources above in August 2026 and stated in Australian dollars on the position for the FBT year ending 31 March 2027. Rates, thresholds and rulings change, and the application of the second limb of section 58P depends entirely on your facts. This article is general information and not tax, legal or accounting advice; consult a registered tax agent before changing payroll or rewards practice.


MK

Maciej Kamieniak

Founder & CEO at Rewordin

Maciej is a fintech entrepreneur who founded Rewordin to solve the compliance and logistics nightmare of rewarding global teams. He works daily with companies running gift-card reward programmes across multiple tax jurisdictions, including employers reconciling a single global catalogue against per-market value caps like Australia's $300 threshold. Connect on LinkedIn →

NK

Natalia Kamieniak

CFO at Rewordin

Natalia leads finance at Rewordin, where she oversees the reporting and reconciliation side of reward programmes — including the per-issuance records the second limb of the minor benefits test depends on, and the gross-up and deductibility modelling covered in this guide.

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