The Finish Line is in Sight: End of FBT year tips
With 31 March marking the end of the Fringe Benefits Tax (FBT) year, we’ve prepared a few tips to help you make the most of your salary packaging before the FBT year closes, so you can avoid the last-minute stress.
The 2025-26 FBT year runs from 1 April 2025 to 31 March 2026. Once the new FBT year starts over, a new cap limit is allocated. To ensure you receive your full entitlement you should try to spend your full cap limit within that 12-month period.
Some people still have a large balance remaining late in March, which can result in time-related stress. It might not be as easy as it sounds to spend a couple of thousand dollars when the pressure is on. This is why EOFBTY can be a busy time for us at RemServ and for our customers. To avoid a rollover and make the most out of your salary packaging, we recommend you submit your claims by Wednesday 25 March 2026.
So, what is a ‘rollover’?
A rollover happens when an available balance is not claimed in full by 31 March and carries over into the next FBT year.
Firstly, it’s important to note you won’t lose this money. Your balance will remain in your account, however, because a new FBT year has started, when you do spend or claim the money, it will be reported and deducted from the new cap limit.
Example:
Let’s look at an example.
It’s 31 March, you have $1,000 in unspent funds and have maximised your salary packaging FBT cap of $9,010. When the new FBT year begins on 1 April 2026 (running to 31 March 2027) and your new cap of $9,010 is allocated to you, the $1,000 will automatically become part of this new cap when you claim.
However, if you end the current FBT year on 31 March 2026 with $1,000 left of your available FBT cap limit, this amount will not roll over into your new cap limit when it resets from 1 April 2026.
What can you do about a rollover?
If you have incurred a rollover, talk to your RemServ Customer Care Consultant to see whether you can claim funds using a benefit above your cap, such as work-related expenses or superannuation.
The easiest way to avoid this scenario is to have a plan in place. Make sure you spend or claim all your available funds within the current FBT year. Keep the 31 March deadline in mind, and check your balance regularly via the My RemServ app or online to have a smooth end to the FBT year.
For more information about managing your account, including our key dates for this year, visit our dedicated EOFBTY page here.
How can I contact RemServ during EOFBTY?
EOFBTY can be a busy time for us, and we’ve made it easy for you to get in touch with us during this time, we have a range of options available for you to choose from:
- Check out more info at remservsalarypackage.com.au/fbt-year-end
- View your account anytime via My RemServ
- Chat with us on LiveChat
Things you need to know: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax and financial advice. Conditions and fees apply and you should confirm they are acceptable before you accept any arrangements with RemServ, along with credit assessment criteria for lease products. You acknowledge and agree that any reward you receive is not a salary, however you may need to declare any reward as income for tax purposes. The availability of benefits is subject to your employer’s approval. RemServ may pay and/or receive commissions in connection with its services.
Salary packaging is only available to eligible employees of the Queensland Government as per the Standing Offer Arrangement QGP0065-21. The implications of salary packaging for you (including tax savings and impacts on benefits, surcharges, levies and/or other entitlements) will depend on your individual circumstances. The information in this publication has been prepared by RemServ for general information purposes only, without taking into consideration any individual circumstances. RemServ and the Queensland Government recommend that before into a salary packaging arrangement and/or a participating agreement with your employer, you should consider your objectives, financial situation and needs, and, take the appropriate legal, financial or other professional advice based upon your own particular circumstances. You should also read the Salary Packaging Participation Agreement and the relevant Queensland Government Salary Packaging Information Booklets and Fact Forms available via the Queensland Government Arrangements Directory. The Queensland Government strongly recommends that you obtain independent financial advice prior to entering into, or changing the terms of, a salary packaging arrangement.