Reportable Fringe Benefit for employee making contribution

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AriATO · Answer

No. Reportable fringe benefits are reduced when an employee contributes towards the cost of the benefit from their after-tax pay. If the benefit is reduced to nil then its not reported. You can read more about reducing reportable fringe benefits (https://www.ato.gov.au/Individuals/Jobs-and-employment-types/Working-as-an-employee/Reportable-fringe-benefits-for-employees/?=Redirected_URL#Reducingyourreportablefringebenefitsamou) on our website.

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