FBT in STP

Welcome to the Intuit Community, sarase123.

You'll need to enter the exact amount for your Fringe Benefits or Reportable Fringe Benefit Amounts when reporting via Single Touch Payroll. Here's how:

1. Click on the Employees tab, and then click on the Reports tab.
2. Click on Single Touch Payroll.
3. Click on the Pay event ID number.
4. Under the RFBA column, click the pencil icon and enter the exact amount for FBT or RFBA.
5. Click on Save, and then click on the Lodge with ATO button.

Furthermore, Fringe benefits tax amounts are not pre-populated in QuickBooks Online. So you'll have to manually calculate and enter the FBT amount when lodging your BAS. Make sure to turn on FBT Tax first in your GST settings.

Here's how to set up the Fringe benefits tax:

1. Click on the GST tab.
2. Click on the Settings button.
3. Click on Other taxes, and tick the box for Fringe Benefits Tax.
4. Select a Lodging frequency.
5. Click on Save.

For more information, you can refer to these handy articles below for your reference:

• Fringe Benefit Tax (FBT) on BAS and IAS
• Create and lodge an update pay event

Feel free to reply to this thread if you have any other questions about your Fringe Benefits or Reportable Fringe Benefit Amounts. Have a nice day!