• New: Add a new FBT Contribution
  • Edit: Edit an existing FBT Contribution
  • Delete: Delete an incorrectly recorded FBT Deduction
  • Undo: Undo any unsaved changes
  • Save: Save your changes
  • Exit: Close FBT Info window
  • Details
    • Date: Date the FBT Payment was paid. This will determine which Financial Year the Payment will fall in.
    • Type
      • Airline transport
      • Board
      • Car
      • Car Parking
      • Debt waiver
      • Entertainment
      • Expense payment
      • Housing
      • Living-away-from-home Allowance
      • Loan
      • Property
      • Residual
      • Tax-exempt body entertainment
    • Taxable: Total Taxable Payment
    • Factor
      • 0: Not Subject to FBT
      • 1.8868: Benefit provider is not entitled to claim GST credits
      • 2.0802: Benefit provider is entitled to a Good and Services Tax (GST) credit
    • Grossed-up: Grossed-up will be automatically calculated based on the setting in Factor.
    • Amount to be shown on the Payment Summary: Total amount which is required to print on the Payment Summary
  • FBT Financial Year Totals
    • Total taxable Value: Total Taxable of each item added for the Current Financial Year.
    • Grossed-Up Total: Total Grssed-up of each item added for the Current Financial Year.
    • Total taxable Value: Total Taxable of each item added for the Next Financial Year.
    • Grossed-Up Total: Total Grssed-up of each item added for the Next Financial Year.
Revision: 9
Last modified: Jan 23, 2020

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