29 March 2024

Completing the Return (F09)

Duration

Approximately 2 hours

Course Outline

The actual completion of the FBT return is a daunting task for anyone. This module takes you through the return item by item and simplifies the instructions provided by the ATO. You will be shown the most common errors that occur on returns and made aware of the implications of making errors. The concept of 'grossing-up' is analysed and you will be provided with an overview of how the various categories of benefits are valued. This module highlights the correct treatment of employee contributions, exemptions and other reductions on the return.

Who Should Attend

Every person responsible for completing the FBT return should attend this course at least once. It provides a valuable refresher for those of you experienced in completing the return. The module is invaluable for employees facing the daunting task of completing the return for the first time.

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