Simplify Fringe Benefits Tax Management

Fringe Benefits Tax (FBT)

From real-time tracking to automated reporting, Kynection provides the tools you need to ensure accurate FBT calculations and smooth lodgment.

Streamlined FBT Management

Kynection’s FBT Software takes the hassle out of managing Fringe Benefits Tax. By integrating vehicle tracking with NFC tags, employees can seamlessly record necessary data before each trip. These automated prompts ensure that vital information, such as private and business use details, is accurately logged in compliance with ATO requirements.

With a centralised database and intuitive dashboards, businesses can monitor FBT-related asset usage and export compliant reports effortlessly. At the end of the financial year, Kynection simplifies the process further by generating ATO-compliant data exports, streamlining the lodgment of FBT returns. This proactive and automated approach not only saves time but also reduces the risk of errors, ensuring peace of mind for both employees and employers.

Fringe Benefits Tax | KIM

The dashboards and insights we now have access to have redefined how we measure success.

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Key features at a glance.

Simplify FBT Compliance

  • Capture FBT data effortlessly using NFC tags and automated trip prompts.
  • Ensure ATO compliance with accurate, centralised data storage.
  • Export FBT reports in formats that align with ATO requirements for streamlined returns.

Comprehensive Asset Dashboards

  • Gain full visibility into vehicle usage with real-time dashboards.
  • Easily differentiate between private and business use for accurate FBT calculations.
  • Monitor asset usage trends to make informed decisions about fleet management.

Efficiency Through Automation

  • Eliminate paperwork with digital FBT records stored securely in KIM’s system.
  • Automate end-of-year FBT reporting, saving time and reducing administrative burden.
  • Simplify employee workflows with intuitive, easy-to-use tools that ensure accuracy.

Frequently Asked Questions

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