Get set to maximise your end of FBT year
Find out what you need to do and how you can benefit by being prepared.
The Key Dates You Need to Know
With 31 March 2026 fast approaching, it’s time to start preparing for the EOFBTY. To make sure you’re all set, mark these key dates in your calendar.
Amend
Two (2) Weeks
If you need to adjust your February/March deductions, make sure you do so at least two weeks prior to the pay date you are amending.
This is to give your payroll team, as well as our team, enough time to make the changes to your pay.
Claim
Friday 27 March 2026
To make sure your claims count towards your 2025/26 Fringe Benefits Tax (FBT) year, we need to receive them by Friday 27 March 2026.
Don’t have enough funds in your Maxxia account or a deduction set up for your benefit? Submit an amendment at least two weeks before your pay to request funds.
You can claim anytime leading up to 27 March 2026.
Spend
Tuesday 31 March 2026
This is the final date for spending funds on your Maxxia Wallet Mastercard. Keep in mind, some retailers and banks may take a few days to process transactions, so make sure you spend your balance before Tuesday 31 March 2026. Maxxia is not responsible for any delays in processing by vendors or financial institutions.
If you have any unspent funds remaining on your Maxxia Wallet at midnight Tuesday 31 March 2026, you will not lose this money.
Any remaining balance on Wednesday 1 April 2026 stays on your card but counts towards your new capping limit in the new FBT year. The carried over balance may mean you’ll need to adjust your fortnightly salary packaging budget on to the Maxxia Wallet, or you may reach your cap early.
Remember: you won’t receive a payment on your Maxxia Wallet Mastercard for your final pay in March 2026.
Your Maxxia Wallet annual cap is distributed throughout the year; however, you won't receive a payment on your Maxxia Wallet Mastercard on the final pay of this FBT year in March 2026. This gives you extra time to make the most of your remaining balance before the EOFBTY.
Your cap limit has not changed - it's the same annual budget, just over one less pay cycle.
How do I contact Maxxia during the EOFBTY?
- View your account via My Maxxia (app or online)
- Chat with us on LiveChat
- Email us at [email protected] or for novated lease enquires [email protected]
Watch Our Helpful Video Guides
Making the most of your benefits can be complicated. Our video guides break down how you can get more from this time of year.
Making the Most of Your Salary Packaging Benefits
Downloading and Registering for the My Maxxia app
My Maxxia Dashboard and Wallet Explainer
My Maxxia Amendments Explainer
Our Guides to Maximising Your Benefits
Whether you’re new to Maxxia or using EOFBTY as a time to brush up, explore our guides below.
Make a claim and view claims history
Learn how to quickly and easily make claims for expense reimbursement.
Track your Salary Packaging Benefits
Monitor your current benefit allocations, usage, and remaining balances.
Activate your Maxxia Wallet Mastercard
Get your My Maxxia Wallet Mastercard ready for use in just a few simple steps.
View Maxxia Wallet Transactions
Keep track of all the transactions made using your Wallet card.
Update Your
Bank Account
Change where reimbursements, claims, and all other salary packaging funds are sent.
Blogs to Boost Your Knowledge
The more you know, the more you can maximise your benefits. Check out our suite of handy blogs that cover all things EOFBTY.
Maximise Your Cap Limit Before End of FBT Year
The EOFBTY is almost here.
Get the most from your Maxxia benefits and stay on top of your tax savings.
Your Maxxia Wallet and the End of FBT Year
EOFBTY is coming. Use your Maxxia Wallet now to make the most out of your salary packaging savings.
Managing Your Benefits the Easy Way with My Maxxia
No time to manage your Maxxia salary packaging? Time to get My Maxxia (app or online) – a platform that puts you in control of your benefits.
The End of the FBT Year and Why 31 March is Important
Are you ready for a smooth EOFBTY? Here’s some tips for avoiding that last minute stress and making the most of your salary packaging cap.
Why 1 April is Important for Your Salary Packaging
New FBT year, new cap!
1 April is the start of the FBT year, and the perfect time to look to the year ahead.
FAQs for All Things EOFBTY
If you’ve got questions about how salary packaging and EOFBTY works, we’ve got the answers. Browse our FAQs below.
Frequently Asked Questions: Salary Packaging and EOFBTY
What happens if I reach my Salary Packaging or Meal Entertainment cap limit early?
Maxxia will keep track of your salary packaging payments and let you know if you reach your cap limit earlier than expected.
Once you reach your cap limit, we will pause your deductions and stop any further payments towards the relevant benefits until the new Fringe Benefits Tax (FBT) year begins on 1 April 2026. This won’t impact benefits that fall outside the cap, such as additional superannuation contributions, and work-related expenses, such as laptops (for those customers eligible to salary package these items).
The most common reason for reaching your limit early is due to salary packaging expenses that include GST, such as retail purchases. If you allocate your full cap to Mortgage, Rent, Loan or the Maxxia Wallet, you may be able to avoid unexpectedly reaching your cap early.
Do I need to claim my Meal Entertainment and Venue Hire balance?
You can claim and/or spend up to a combined cap limit of $2,650 each FBT year for Meal Entertainment and Venue Hire. Both benefits fall under the one cap limit.
If you choose to package Venue Hire on its own, the $2,650 annual cap still applies.
Venue Hire allows you to claim holiday accommodation or venues hired out for events.
To ensure your Meal Entertainment and Venue Hire claims are processed within the 2026/27 Fringe Benefits Tax (FBT) year, Maxxia must receive all claims by Friday 27 March 2026.
Is there anything I cannot buy with my Meal Entertainment funds?
• Meals or drinks purchased on-site at your workplace
• Alcohol, unless it is consumed while dining out with friends or family
• Groceries
• Takeaway and home delivered meals such as Uber Eats
End of FBT Year Tips for Your Novated Lease
Use 31 March as an annual deadline to make sure you’re on track with your Fringe Benefits Tax (FBT) obligations, helping you reduce potential FBT liabilities and maximise your potential tax savings.
Frequently Asked Questions: Novated Leasing and EOFBTY
What is the end of FBT year, and how does it affect me?
Australian Tax Office (ATO) legislation requires a certain amount of Fringe Benefits Tax (FBT) to be paid on your novated lease.
The amount of FBT is based on the taxable value associated with your vehicle.
Depending on the type of car and the employer you work for, you may have options for offsetting your FBT, if required. These options include the Employee Contribution Method (ECM), where a post-tax contribution, equivalent to the taxable value of your vehicle, is deducted from your pay within the current FBT year, which is from 1 April to 31 March.
Most customers will not be impacted, and there is likely nothing they need to do prior to the end of the FBT year. If you are required to take action, we will be in touch.
Some customers – especially those who have recently begun a novated lease – may need to readjust their post-tax contributions to meet ATO requirements and reduce any FBT amount payable.
Why do my deductions differ from my proposal?
One of the most common questions we get at this time of year is, “Why does my deduction amount differ from my original proposal?”
The answer is that each time we provide you with an estimate of your deductions, we use the remaining pay cycles in the FBT year (ending 31 March) to calculate the numbers. As we get closer to March you may have fewer pay cycles than estimated. This is why there may be a difference in the estimate we calculated a month ago and the deduction amount you end up starting with.
We have therefore temporarily adjusted your deductions based on how many pay cycles are left and on the pro-rata FBT requirement.
The reason for this adjustment is to minimise any shortfall and potentially offset the amount of FBT you may need to pay. Your deductions will automatically return to the proposed amount from 1 April.
I'm starting a novated lease late in the FBT year – what do I need to do?
Novated Leasing Blogs
The Nitty Gritty of EV Charging Claims via a Novated Lease
Keen to switch to an electric car via a novated lease and want to know how to claim charging costs?
Claiming EV Charging via Novated Lease: You Have Choice
When it comes to claiming the costs of charging your novated leased electric vehicle, you have two options.
IMPORTANT INFORMATION: The general information in this page does not take into account any of your personal and financial circumstances. For advice specific to your personal or financial circumstances, please seek your own professional independent tax and financial advice.
Maxxia Wallet Mastercard is a Prepaid Mastercard and is issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard Asia/Pacific Pte. Ltd. Maxxia Pty Ltd (Maxxia) ABN 39 082 449 036 is an Authorised Representative of EML Payment Solutions Limited Australian Financial Services Authorised Representative number 000278683 and participates in the promotion and distribution of the Card. Consider if the card is right for you. You should read the Product Disclosure Statement (PDS) for this product before making any decision on the new Card (Maxxia Wallet Mastercard). You can read the PDS here. The Target Market Determination for this product can be found here.