The 2026 FBT year is a useful reminder that fringe benefits tax is often less about major rule changes and more about whether businesses have identified benefits properly and kept the right records. Vehicles, staff reimbursements, meal and entertainment spending, and electric vehicle arrangements continue to be common areas where issues arise. In many cases, the tax outcome depends on the detail and the documentation, not just the type of expense. For small businesses, the best starting point is a simple review of what was provided during the year ending 31 March 2026 and whether the supporting records are complete. We have outlined the main risk areas and some practical next steps in the full article. If you would like a simple way to work through your position, you can also use the FBT questionnaire linked in this newsletter.