Before you can calculate the taxable value of any benefit, you need to identify the category the benefit falls into – the ATO's Types of fringe benefits page describes the categories.

Number

For each type of fringe benefit provided, type the number of that type that the client provides to their employees.

This only applies for some types of fringe benefit.

Type the amount that the employees contributed for each type of benefit.

This only applies for some types.

Type the amount by which benefits of that type have been reduced.

This only applies for some types.

Select Yes or No.

If your client’s organisation is a rebatable employer, the ATO gives concessional FBT treatment to certain benefits they provide to employees.

Select Yes or No.

If your client’s organisation is one of these employer types, the ATO gives concessional FBT treatment to certain benefits they provide to employees.

From 3 December 2012, charities must be registered with the ACNC and endorsed by the ATO to get this concession – this affects religious and charitable institutions. Charities that were endorsed by the ATO as income tax exempt charities immediately before 3 December 2012 are automatically registered with the ACNC – they don’t need to re-register. Charities that were not endorsed by the ATO as income tax exempt charities before 3 December 2012 must register as a charity with the ACNC and then be endorsed by the ATO to access charity tax concessions, including the FBT rebate for registered charities.

if your client is a rebatable employer, type the type 1 fringe benefits aggregate amount.

Otherwise, leave this field blank.

if your client is a rebatable employer, type the type 2 fringe benefits aggregate amount.

Otherwise, leave this field blank.

if the client is a hospital, ambulance, public benevolent institution, or health promotion charity, type the aggregate non-exempt amount.

If the client is a rebatable employer, leave this item blank.

For rebatable employers, type the aggregate non-rebatable amount.

If the client is a rebatable employer, the total grossed-up value of benefits the client can provide to each employee (without losing the existing concessions) is $30,000.  If the total gross value of the fringe benefits provided to an individual employee exceeds $30,000, the client cannot claim a rebate for the FBT liability on the excess amount. This is called the “aggregate non-rebatable amount” .

The aggregate non-rebatable amount cannot be greater than the amount of tax payable.

Add together the FBT instalment amounts the client reported on your four activity statements for the FBT year and type the total amount in this field.

The ATO will credit this amount against the client’s FBT liability for the year. Don't include any amount your client paid for penalties or any other year’s liability.

If the client pays their FBT by instalments, you must lodge all of the Activity Statements for the FBT year (including the March quarter), before lodging the FBT return. The ATO can then update the client’s FBT account. If all Activity Statements are not lodged before lodging the client’s FBT return, the return will remain unactioned until all instalments are paid.

The following tax agent details are pre-filled from information in the Tax settings page. If there is missing information, make sure that you have completed those details – see Adding a tax/BAS agent for FBT returns - AU.

• Contact name
• Phone number
• Registration number
• ABN

Type the name of someone authorised to sign this return in the Person authorised to sign this return field. Any person who has charged, or will charge, a fee for preparing this return – either directly or indirectly – must sign this declaration.

Type the name of the employer authorised to sign this return.

You don't need to get the client to sign the return here. However, you must obtain approval from the client stating that: