Prescribed interest rates for fringe benefit tax (FBT).
The prescribed interest rates for fringe benefit tax (FBT) increased to 8.41% on 1 October 2023.
These are the prescribed interest rates that are used to determine the fringe benefit value of low-interest loans provided to employees.
| Quarter | Rate (%) |
|---|---|
| From 1 October 2023 | 8.41 |
| 1 April 2023 to 30 September 2023 | 7.89 |
| 1 January 2023 to 31 March 2023 | 6.71 |
| 1 July 2022 to 31 December 2022 | 4.78 |
| 1 July 2020 to 30 June 2022 | 4.50 |
| 1 October 2019 to 30 June 2020 | 5.26 |
| 1 January 2016 to 30 September 2019 | 5.77 |
| 1 October 2015 to 31 December 2015 | 5.99 |
| 1 July 2015 to 30 September 2015 | 6.22 |
| 1 October 2014 to 30 June 2015 | 6.70 |
| 1 July 2014 to 30 September 2014 | 6.13 |
| 1 January 2013 to 30 June 2014 | 5.90 |
| 1 April 2011 to 31 December 2012 | 5.90 |
| 1 October 2010 to 31 March 2011 | 6.24 |
| 1 October 2009 to 30 September 2010 | 6.00 |
| 1 July 2009 to 30 September 2009 | 6.41 |
| 1 January 2009 to 30 June 2009 | 8.05 |
| 1 October to 31 December 2008 | 10.90 |
| 1 October to 30 September 2008 | 10.37 |
| 1 July to 30 September 2007 | 9.79 |
| 1 January to 30 June 2007 | 9.55 |
| 1 April to 31 December 2006 | 9.55 |
| 1 July to 31 March 2006 | 9.01 |
| 1 April to 30 June 2005 | 8.76 |
| 1 January to 31 March 2005 | 8.52 |
| 1 October to 31 December 2004 | 8.02 |
| 1 July to 30 September 2004 | 7.50 |
| 1 April to 30 June 2004 | 7.30 |
| 1 October to 31 March 2004 | 7.08 |
| 1 July to 30 September 2003 | 7.33 |
| 1 April to 30 June 2003 | 7.74 |
| 1 October to 31 March 2003 | 7.83 |
| 1 July to 30 September 2002 | 7.50 |
| 1 January to 30 June 2002 | 6.70 |
| 1 October to 31 December 2001 | 7.19 |
| 1 July to 30 September 2001 | 7.69 |
| 1 April to 30 June 2001 | 7.95 |
| 1 January to 31 March 2001 | 8.50 |
| 1 July to 31 December 2000 | 8.10 |
| 1 April to 30 June 2000 | 7.59 |
| 1 January to 31 March 2000 | 6.50 |
| 1 January to 31 December 1999 | 6.50 |
| 1 October to 31 December 1998 | 6.94 |
| 1 July to 30 September 1998 | 10.13 |
| 1 April to 30 June 1998 | 10.50 |
| 1 January to 31 March 1998 | 9.94 |
| 1 April to 31 December 1997 | 9.65 |
| 1 January to 31 March 1997 | 10.00 |
| 1 October to 31 December 1996 | 11.10 |
| 1 July to 30 September 1996 | 10.60 |
| 1 January to 30 June 1996 | 10.40 |
| 1 July to 31 December 1995 | 10.60 |
| 1 April to 30 June 1995 | 11.00 |
| 1 January to 31 March 1995 | 9.20 |
| 1 October to 31 December 1994 | 8.40 |
| 1 July to 30 September 1994 | 7.90 |
| 1 January to 30 June 1994 | 7.70 |
| 1 October to 31 December 1993 | 7.80 |
| 1 July to 30 September 1993 | 8.50 |
| 1 January to 30 June 1993 | 9.00 |