The updated 2023 FBT Toolkit is now available for download for CSA
member schools and Staff Relations Service participants. [Note: you must
be logged in to view and download the toolkit]
The Toolkit contains a range of materials to assist schools in meeting their Fringe Benefits Tax obligations.
The 2023_FBT_Toolkit (a compressed or ‘zipped’ file) contains:
- Version 5.21 of the CSA FBT Worksheet (which merely updates
hyperlinks to 2023 references and includes notes regarding electric vehicles);
- Version 9.92 of the CSA Salary Packaging Calculator (updating Medicare threshold rates and includes notes regarding electric vehicles);
- Sample Employee Declarations;
- Information and sample documentation for FBT exempt work related items.
It is based on the 2023 FBT return and instructions.
If you have existing data in an earlier version, from version 4.0,
and are not using the operating cost method and do not need to account
for the days a vehicle is not available for private use you do not need
to update to version 5.21.
Please note, however, that any version of the Worksheet prior to Version 4.0 is no longer current and should not be used.
It is also important that you ensure than any applicable Employee Declarations are completed properly and retained on file.
The Salary Packaging Calculator has been updated to include current
references to ATO information and rates. Please note the the estimated
income tax payable there does NOT incorporate the effect of the Low and
Medium Income Tax Offset (LMITO).
The ATO has a wealth of information to assist you in meeting your FBT responsibilities. In particular the FBT Guide for Employers is an invaluable resource. It can be viewed online here.
The ATO have also released further detailed information on the exemption for 'electric vehicles' outlined in our Briefing last year. They have also released a Draft Practical Compliance Guideline on the applicable rate to use for home charging of electric vehicles.
2023 FBT Toolkit