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  • Consequences of having a reportable fringe benefits amount

    Your total reportable fringe benefits amount (RFBA) for all employment is not taxable. However, it is used for:

    • calculating your liability for the Medicare levy surcharge
    • calculating your child's adjusted taxable income to determine whether they are considered a dependant for Medicare levy purposes
    • determining your entitlement to the private health insurance rebate
    • determining whether you are liable for Division 293 tax for superannuation contributions
    • determining your eligibility for the government co-contribution for personal super co-contributions you made
    • determining your eligibility for the low-income super tax offset for concessional (before tax) super contributions that you or your employer pay into your super fund
    • determining whether you can offset your business loss against other income (non-commercial losses)
    • working out if you are entitled to reduce your employee share scheme discount
    • working out the amount you must repay against your debt for 
      • Higher Education Loan Program (HELP)
      • Vocational Education and Training Student Loan (VETSL)
      • Student Financial Supplement Scheme (SFSS)
      • Student Start-up Loan (SSL)
      • ABSTUDY Student Start-up Loan (ABSTUDY SSL)
      • Trade Support Loan (TSL)
    • determining your entitlement to a tax offset for 
      • contributions you made to your spouse's super
      • invalid and invalid carer
      • zone or overseas forces
      • Medicare levy surcharge (lump sum payment in arrears)
      • seniors and pensioners
    • determining your eligibility for family assistance payments, including
      • Family Tax Benefit Part A and Part B
      • Child Care Subsidy (from 2 July 2018)
      • Child Care Benefit for approved care (prior to 2 July 2018)
      • Parental Leave Pay
      • Dad and Partner Pay
    • working out your child support obligations.

    Employees of not-for-profit organisations

    For employees of the following not-for-profit organisations, 53% of their total RFBA is taken into account in determining eligibility for family assistance and youth income support payments:

    • a registered public benevolent institution that is endorsed by the Commissioner of Taxation as eligible for exemption from fringe benefits tax
    • a public hospital
    • a hospital carried on by a society or association that is a rebatable employer
    • a health promotion charity that is endorsed by the Commissioner of Taxation as eligible for exemption from fringe benefits tax
    • a public ambulance service provider.

    The not-for-profit organisations are described in more detail in section 57A of the Fringe Benefits Tax Assessment Act 1986.

    See also:

    Last modified: 15 Sep 2021QC 58436