• Better practice 4: documentation checklist

    Maintaining records that include the documentation set out below will help to ensure that entities are adequately communicating with stakeholders.

    Documentation

    Available
    (Y/N)

    Notification forms to advise employees of the FBT and RFBA implications of receiving fringe benefits

     

    Notification forms to advise employees of the method for allocating the taxable value of fringe benefits

     

    FBT details to be included in the employee induction process

     

    Details of arrangements for notifying employees of RFBAs

     

    RFBA notification form(s)

     

    Employee exit form(s)

     

    Details of arrangements for communication FBT information to all relevant work areas with the entity

     

    Contract arrangements with service providers and external advisers

     

    Details of communications with the ATO

     

      Last modified: 23 Jul 2015QC 18627