Shared Services SA’s Financial Operations and Reform team has successfully lodged 20 Fringe Benefits Tax (FBT) returns on time with the Australian Taxation Office for all of their client agencies.
This year FBT returns were lodged electronically for the first time.
This change in submission process is a tangible example of delivering the SA Government’s digital by default strategy.
FBT returns are one of the significant annual service delivery outputs produced by Shared Services SA and is the culmination of 12 months of compliance work to ensure the South Australian Government meets its taxation legislation responsibilities and that impacted employees’ payment summary statements are correct for tax return purposes.
Thank you to all agency staff who worked closely with us to provide documentation and improve compliance for 2016-17.
In 2017-18 a program to adopt a consistent risk-based approach to sampling methodology will be devised and implemented. This is expected to further improve tax compliance efficiency and reduce paper usage.