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  • Fringe benefit categories

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    This section provides an overview of each type of fringe benefit and will help you to complete item 23.

    There are specific valuation rules for each fringe benefit category. Before you can calculate the taxable value of any benefit and complete the details in the 'Taxable value of benefits' column, you must identify the category of the benefit you provided and do the appropriate calculations for that category.

    Find out more

    For more information, refer to Fringe benefits tax – a guide for employers.

    End of find out more

    Make sure that you do not include the gross-up calculation in the amounts you show at this item.

    Non-profit organisations

    You must include the taxable value of the benefits you provided (not the aggregate non-exempt amount) if you are a:

    • public benevolent institution
    • health promotion charity
    • public hospital
    • non-profit hospital
    • public ambulance service.

    The information you include in the 'Taxable value of benefits' column is based on the total of the individual base non-exempt amounts for all employees you calculated at steps 3 and 5 of item 14C.

    The figures you place in the 'Taxable value of benefits' column must be the amounts before the capping amounts ($30,000 or $17,000) are deducted.

    Last modified: 23 Oct 2013QC 27133