Complete the FBT instalment section of the Statement

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Question - Fairleigh Marketplace is registered for GST and Fringe Benefits Tax (FBT) and reports these on a quarterly basis. On the June Business Activity Statement (BAS), Fairleigh Marketplace reported and paid the pre-printed FBT amount at F1 of $2800. At the start of July, they reviewed their staff policy and increased benefits to employees. They have estimated for the year ending 31st March that their Fringe Benefits Tax (FBT) liability will increase from $6000 to $10400. Fairleigh Marketplace has a pre-printed amount of $1,500 at F1 on its September Activity Statement. Complete the FBT instalment section of the September Activity Statement.

Reference no: EM133092281

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