Forum Discussion

Robyn111's avatar
Robyn111
Experienced User
2 years ago

RFBA Reporting - How do I report both Living expenses & Meal and Entertainment expenses?

HI there.  I work for a non for profit PBI who will use the Section 57A column in STP reporting for YTD.

We have employees who use both the $30k threshold and the $2,650 Meal & Entertainment portion.  

What amount am i entering into the Section 57A column?  Only the $29,998 ($30k) amount or do I add the $2,650 to it?  If I add them together then we go over the $30k threshold and we may get pinged for this, when in fact it is two seperate FBT sections?

I would love some guidance please as our external auditors are unsure :)

thank you

Robyn Jacob

4 Replies

Replies have been turned off for this discussion
  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    2 years ago

    Hi Robyn111,

     

    Thanks for reaching out. 

     

    For these kinds of concerns, We highly recommend you consult with an accountant or financial advisor. As the forum provides help mostly for application issues. We also are not allowed to provide financial advice. 

     

    Let me know if there is anything that I could help with. I'm happy to assist. 

     

    Cheers, 

    Genreve

  • Hi Robyn

    Did you find a solution for you question by any chance. I am wondering the same thing

  • Robyn111's avatar
    Robyn111
    Experienced User
    2 years ago

    Hi Tracey7666

    no i didnt. MYOB said i need to contact my external accountants, which i did in the first place and they werent sure.  I then spoke to our president who owns an accounting business and he was a bit unsure but said to enter them both in the same place.  I have tried to do that but i cannot exit without saving and there is no save button!!!! go figure lol.

     

    i am just going to put them both in and if its incorrect then im sure the ato will let us know.

     

    let me know if you know different :)