Question: Can I edit Amount of Rebate (Label 18) of the FBT form?
Suggested Answer:"Amount of Rebate" equals ("Amount of tax payable" - "Aggregate non rebatable amount") * 0.47. This is mandatory for ATO.
Related ATO Link: https://www.ato.gov.au/forms-and-instructions/fringe-benefits-tax-return-2026-instructions/completing-your-fbt-return-2026-not-for-profit-employers#Rebatableemployers.
For further queries/clarifications, please reach-out to ATO per contact details below:
- Tax Practitioner Assistance Line is 13 72 86, select fast Key codes 3, 2, 1 between 8.00am and 6.00pm, Monday to Friday, excluding public holidays.
- Individual Assistance Line is 13 28 61, select fast Keys 4, 3 between 8am to 6pm, Monday to Friday, excluding public holidays.
- Business Info Line is, 13 28 66, between 8am to 6pm, Monday to Friday, excluding public holidays.