Is the Reportable Fringe Benefits Amount (RFBA) reflected on my payment summary correct?
Yes, the RFBA stated on your payment summary relates to those benefits received between 1 April 2009 and 31 March 2010. top of page I currently salary sacrifice to the full extent of the public hospital Fringe Benefits Tax (FBT) exemption cap. I have heard that payroll errors will affect the extent to which I can salary sacrifice — is that true? Additional Fringe Benefits Tax (FBT) can be incurred in certain situations, including where an overpayment has occurred, a cash advance has been paid or Queensland Health has reimbursed costs and penalties to employees as a result of financial disadvantage due to pay errors. Queensland Government policy states that employees who are currently salary sacrificing are required under their Participation Agreements to repay to Queensland Health the value of any additional FBT incurred on salary sacrifice benefits beyond the public hospital FBT exemption cap. However, Queensland Health has received approval from the Queensland Government to vary this
