April 2021 Release

The following changes and enhancements have been made in the April release of easyFBT 2021 (2021.1.0.2):

Fringe Benefit Tax (FBT) Return 2021 and SBR Interactions

The ATO Fringe Benefit Tax (FBT) Return 2021 form has been added to this version and can be produced as a paper form for manual lodgement with the ATO as per prior years or when using the Electronic Lodgement (SBR) Interaction Manager to lodge electronically.

SBR interactions in easyFBT 2021 are processed through the latest SBR2 gateway where you are required to Validate (formally Pre-lodge) or Submit (formally Lodge) your returns.

SBR Machine Credential Requirement

If you intend to lodge your FBT Return form electronically then you will need a Machine to Machine (M2M) credential as the previously used AUSkeys have been retired by the ATO as at the end of March 2020. To create a machine credential in the ATO’s Relationship Authorisation Manager (RAM), you must be either a principal authority or a machine credential administrator (MCA) of the business. Note: you will need to create one for each entity that is required to be electronically lodged.

Guide: how to install a machine credential
https://info.authorisationmanager.gov.au/guide-how-to-install-a-machine-credential

ATO Relationship Authorisation Manager (RAM)
https://authorisationmanager.gov.au/#/authorisations-home

September 2020 Release

The following changes and enhancements have been made in the September release of easyFBT 2021 (2021.1.0.1):

Importing

Added refresh of Middle Name field to the Update Import process when refreshing employees.

Form Validation Log

Added refresh of the form validation log if the document is already open.

General changes

As with each FBT year, rates and other values are required to be updated.  The following changes have been made for the 2021 FBT year:

  • Updated the Car Parking public holidays table with the 2020/21 State/Territory gazetted public holidays;
  • Updated the Statutory Benchmark Interest Rate (4.80%);
  • Updated CPI Indexation factors for Housing;
  • Updated the Cents per Km rates for Residual Non-Cars: 0 to 2500cc (56c), Over 2500cc (67c), Motorcycles (17c); and
  • Updated the Living Away From Home Allowance (LAFHA) country codes and rates
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