Things you need to know
Reportable fringe benefits are fringe benefit amounts that you receive from your employer and have the taxable value of those benefits on your income statement or payment summary. Don't show any benefit less than $3,773.
For more information, see Reportable fringe benefits for employees.
Did you receive any reportable fringe benefits amounts of $3,773 or more?
- No – Write 0 (zero) at question IT1 – labels N and W, then go to question IT2 Reportable employer superannuation contributions 2025.
- Yes – Read on.
We don’t adjust the amounts at question IT1 – label W, and question Spouse details – married or de facto – label S, when we calculate the following offsets:
- the dependant (invalid and invalid carer) tax offset
- the zone and overseas forces tax offset
- the seniors and pensioners tax offset
- the low income superannuation tax offset.
What you need to answer this question
You'll need each income statement, PAYG payment summary – individual non-business and PAYG payment summary – foreign employment that shows a reportable fringe benefits amount.
Completing your tax return
To complete this question, follow the steps.
If the reportable fringe benefits amount on your payment summary or income statement is less than $3,773, don't include it in step 1 or step 2. Check with your employer that the amount is correct.
Step 1
Add up all the reportable fringe benefits amounts on your:
- payment summaries with Yes at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
- income statements at Reportable fringe benefits – exempt amount.
Write the total at question IT1 – label N. If your total is zero, write 0 (zero) at label N.
Step 2
Add up all the reportable fringe benefits amounts on your:
- payment summaries with No at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
- income statements at Reportable fringe benefits – non-exempt amount.
Write the total at question IT1 – label W. If your total is zero, write 0 (zero) at label W.
Where to go next
- Go to question IT2 Reportable employer superannuation contributions 2025.
- Return to main menu Individual tax return instructions 2025.
- Go back to Income tests 2025.