Employer-related columns in workpapers
Some columns in the workpapers are hidden by default, but are intended for use by PBIs, public hospitals or rebatable employers to use in reconciling the benefits with the FBT form.
Columns
Each workpaper has the set of columns related to the employer type.
Workpaper Columns | ||
|---|---|---|
Public or Not-for-profit Hospitals threshold | ||
Grossed up Taxable Value, 17,000 Cap exceeded by | Exemption Applied, 17,000 Cap | Tax Payable, 17,000 Cap Applied |
Public Benevolent Institution threshold | ||
Grossed up Taxable Value, 30,000 Cap exceeded by | Exemption Applied, 30,000 Cap | Tax Payable, 30,000 Cap Applied |
Rebatable Employer | ||
Rebate Applied | Tax Payable after Rebate | |