What is RFBA?¶

RFBA stands for reportable fringe benefits amount. A fringe benefit is something of value you give an employee that isn't cash — like a work car they also use privately. If the total value over the fringe-benefits year is high enough, a "grossed-up" figure has to be shown against that employee. That figure is the RFBA.

It's separate from wages. Reporting it through STP is optional — but if you do, it appears on the employee's income statement.

In one line

RFBA is the grossed-up value of non-cash benefits you give an employee — reported separately from wages, and optional in STP.

In more detail¶

For accountants & bookkeepers

RFBA (and RESC — reportable employer super contributions) are "Other Components" reported outside the income stream collection. RFBA is reported as the grossed-up taxable value; a separate exempt amount applies for certain not-for-profit employers.

How myaccountant handles this¶

In the app — reportable fringe benefits are part of your end-of-year STP finalisation rather than a normal pay run. See the finalisation guide for the steps.

→ Do it in the app: How do I finalise STP for end of financial year?

General information only — not tax, super or financial advice.

Did this answer your question?