This question is about reportable fringe benefits amounts that you received. Do not show any benefit less than $3,921.
This question has changed. The Government has made changes to the treatment of fringe benefits under the income tests for family assistance, youth income support payments and for other related purposes.
As we provide information on reportable fringe benefits to Services Australia, we have changed how you show these benefits on your income tax return.
This change does not affect your income tax liability for 2016-17.
Did you receive any reportable fringe benefits amounts of $3,921 or more?
Write 0 at both N and W item IT1, then go to question IT2 Reportable employer superannuation contributions 2017, or return to main menu Individual tax return instructions 2017.
Answering this question
You will need every PAYG payment summary - individual non-business and every PAYG payment summary - foreign employment you received that shows reportable fringe benefits amounts.
- Reportable fringe benefits – facts for employees, or
- go to ato.gov.au and search for 'Adjusted fringe benefits'
Completing your tax return
If a reportable fringe benefits amount shown on your payment summary is less than $3,921, do not include it in Step 1 or Step 2. Check with your employer that the amount is correct.
Add up all the reportable fringe benefits amounts shown on your payment summaries with Yes selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986? Write the total at N item IT1. If your total is 0, write 0 at N.
Add up all the reportable fringe benefits amounts shown on your payment summaries with No selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986? Write the total at W item IT1. If your total is 0, write 0 at W.
Where to go next
- Go to question IT2 Reportable employer superannuation contributions 2017
- Return to main menu Individual tax return instructions 2017
- Go back to Income tests 2017