Institute of Certified Bookkeepers
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RFBA for PBI - does this get included in Gross Wages for STP?

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Hi All, trying to get my head around the way this has been set up by previous bookkeeper - client is a registered charity & PBI.  Employees are allowed $611.50 a fortnight REFBA (some pay credit cards, rent etc).  This obviously reduces the gross amount & therefore tax payable.  My quiestion is, what figure should be reported to the TAO via STP & ultimately on their income statement at end of year.  Example:-

Gross Salary $1000.00

LESS RFBA $611.50

Taxable salary $ 388.50

I imagine it would be the $1,000.00 on STP & then on the income statement it would be $1000.00 gross & RFBA $611.50?

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