Payroll - FBT
- Craig Mitchell
Owned by Craig Mitchell
The value of an employee’s FBT is entered into the Payroll system once you know what the FBT liability for the year is, ie after 30th March.
In employee maintenance, TAB 4, the value(s) goes into RepFBT - Taxable / Exempt FBT - Non Tax.
On the next STP upload, the amount(s) will be reported to the ATO.
ATO Code | Minder Code | Description |
|---|---|---|
PAYEVNTEMP125 | EMPL:RepFBT | Payee RFB Taxable Amount |
PAYEVNTEMP126 | EMPL:ExempFBT | Payee RFB Exempt Amount |
You may need to clear out last year’s figures, they aren’t automatically cleared.
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