easyFBT 2024 update (April 2024) is now available

One Plus One Solutions Pty Limited are pleased to advise that the easyFBT 2024 forms version update (2024.1.0.5) is now available for download. This release contains the final 2024 ATO Fringe Benefits Tax (FBT) Return form which 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.

NOTE: The latest easyFBT 2024 installer file is available from the easyFBT 2024 folder on the Downloads page.

easyFBT login authentication system

The ATO requires any software that connects to the Standard Business Reporting (SBR) system must provide a comprehensive login system to help protect users sensitive tax data. Each time you start easyFBT you are required to login to the application. Note: The easyFBT software login is separate to your easyFBT website login (if you have one).

IMPORTANT: Shared user logins must NOT be used. Each person logging into easyFBT must have a unique user login and only use that to access easyFBT.

If you haven't already created a software login for easyFBT (for either the current year or a prior year) then please read the following easyFBT login authentication system blog post for further information and step-by-step instructions.

How to update your existing easyFBT 2024 software

All installers of easyFBT contain the full release of the software (for that product year). Where you have already installed an earlier release of easyFBT 2024 just download the latest installer file from the easyFBT 2024 folder on the Downloads page and then run this on all computers that have easyFBT 2024 installed.

Notes

• Any existing 2024 entities and each individual user’s personal settings will not be touched during an easyFBT software installation. Regardless, we still recommend that you make sure you have a backup of your entities before proceeding with any easyFBT software installation.

SBR Machine Credential Requirement

If you intend to lodge your FBT Return form electronically then you will need to have a valid machine credential for each ABN being lodged.

The following is a link to the ATO's Guide: How to Install a Machine Credential which details the steps required to install a new machine credential, if you don't already have a valid one:

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

The following is a link to the ATO's Relationship Authorisation Manager (RAM) where you can manage your machine credentials:

https://authorisationmanager.gov.au/#/authorisations-home

How to purchase easyFBT 2024

If you haven't already purchased easyFBT 2024 then you can do this within the Shop link on our website. Alternatively, you can contact our sales team to confirm your order requirements for easyFBT 2024 and we would then be happy to create and send you your Tax Invoice email from our sales system.

Useful resources

Did you know easyFBT comes with a number of templates, guides and other resources? The following resources are also available in the easyFBT 2024 Downloads page to assist you using easyFBT:

• Installation guide

• User guide

• Workpaper import template

• E-mail service configuration guide

• RFBA e-mail body and letter templates

We love feedback!

At One Plus One Solutions Pty Limited we are 100% committed to creating a software solution that makes your FBT compliance obligations easier so we would appreciate any feedback/suggestions to help us make easyFBT even better.

Over the years easyFBT has been continually improved by including many useful suggestions provided by our valued users. We really want you to enjoy using easyFBT.

easyFBT 2024 change log

April 2024 Release

The following changes and enhancements have been made in this release of easyFBT 2024 (2024.1.0.4/2024.1.0.5):

Fringe Benefit Tax (FBT) Return 2024 and SBR Interactions

The ATO Fringe Benefit Tax (FBT) Return 2024 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 2024 are processed through the latest SBR2 gateway where you are required to Validate (formally Pre-lodge) or Submit (formally Lodge) your returns.

General changes

The following additional changes and enhancements have been made:

• Updated the Workpaper Column help with some additional information

• Updated all components and packages used by easyFBT to the latest available versions.

• For all validation output lists (ie. Validating Fringe Benefits Tax (FBT) Return 2024, Validate folder and file permissions) where an error or warning occurs the item is now bolded for better identification)

Data Source Connections

We have removed the requirement to activate another data source before allowing the removal of the active data source connection.

Start-Up, Create Data Source and Connect Data Source wizard folder and file permission validation

With the on-going fight against security and virus concerns, more businesses are reducing their surface area and permissions to users. Recently we have seen more users being moved towards cloud storage of their User data (ie. Documents folders) which has at times caused an unintended reduction of user access to folders and files.

To assist with identifying potential access issues up front we have surfaced the brute-force check we complete within the wizard (validation of create folder, create file, append file, remove file and remove folder).

In the Start-up wizard, this will verify your user and sub-folder access and the Data Source wizards will verify your user access to the location you have chosen to create or connect to a data source. If an issue occurs the validation output summary will provide a summary of the error encountered.

Reports

Added the following additional standard reports:

• Car (NBAs) Workpaper Detailed (All Columns) Report

• Car (Running Expenses) Workpaper Detailed (All Columns) Report

• Residual Non-Car (NBAs) Workpaper Detailed (All Columns) Report

• Residual Non-Car (Running Expenses) Workpaper Detailed (All Columns) Report

Update: 17/4/2024 - Release 2024.1.0.5

We have received 2 reports of v2024.1.0.4 not starting correctly on certain machines. We have made some minor modifications to easyFBT and the installer to restore specific configurations from the prior release. If you are currently successfully using easyFBT 2024.1.0.4 you will not need to update to this version.

December 2023 Release

The following changes and enhancements have been made in this release of easyFBT 2024 (2024.1.0.2):

Application startup

Updated the plug-in loading process during startup to capture additional exception queries.

Workpapers

• All workpapers (where required) have had the following additional columns added: Plant Id, Category (see below), Comments, Account Code, Tax Code, Document Type and Document Id.

• In the Car and Residual Non-Car (Multiple-Drivers) workpaper we fixed an issue where cells were not being locked when changing a vehicle from single to multiple drivers in the Vehicle sub-tab.

• Enhanced the editing process to better track exiting edit mode when leaving the active cell.

• Moved the existing Fleet Car Properties and Settings feature into the Car workpaper as a new sub-tab called Fleet Car Election.

• Moved the existing 12 Week Register and Entertainment Valuation Election Properties and Settings features into the Entertainment (All) and Income Tax Exempt Body Entertainment (All) workpapers as new sub-tabs called 12 Week Register and Valuation Election.

Note: For further information in relation to using the Election worksheets, refer to Chapter 8: Workpapers in the user guide.

Categories workpaper

The Categories workpaper allows you to set up a list of standard categories that can be assigned to your benefits within the benefit workpapers. You can then use this in your FBT Reconciliation reporting to allow you to group, sort and sub-total by the assigned category. The category can also be added automatically to your benefit rows based on it being assigned as a Default Category within the Employee workpaper. Use of categories in easyFBT is optional.

Reports

Updated all related system reports (across all reporting areas) to include the newly added columns as noted above.

September 2023 Release

The following changes and enhancements have been made in this release of easyFBT 2024 (2024.1.0.1):

Workpapers

Car/Residual Non-Car/Motor Vehicle Dealer

Reconfigured the Make and Model and Description fields within the Vehicle and Drivers worksheets so that both fields are available and they can be displayed individually within the various reports to make these fields clearer to users.

Reports

The following changes have been made in this release:

• Updated the various Workpaper, Validation and Review reports associated with the Make and Model and Description vehicle workpaper changes.

• All standard reports have been reviewed for font size and printability consistency.

• Fixed a minor issue within the consolidated Rebatable FBT and Aggregate Non-Exempt Amount Reconciliation Comparision Year-on-Year report where consolidated allocations were not correctly showing for some Car Parking or Meal Entertainment benefits.

General changes

As with each FBT year, rates and other values are required to be updated. The following changes have been made for the 2024 FBT year:

• Updated the Car Parking public holidays table with the 2023/24 State/Territory gazetted public holidays;

• Updated CPI Indexation factors for Housing;

• Updated the Living Away From Home Allowance (LAFHA) country codes and rates

• Update Declarations for 2024 FBT year

easyFBT 2024 is here!

We are pleased to advise that easyFBT 2024 Fringe Benefits Tax Solution is now available for purchase and download. This first release for 2024 contains the general rate changes for this year as well as some enhancements across the product.

Check out the change log for more information.

How to purchase easyFBT 2024

To purchase easyFBT 2024 click on the Shop link on our website, add your required items to the cart using the Add to Cart button and then go to your cart and proceed to the checkout. Alternatively, you can contact our sales team to confirm your order requirements for easyFBT 2024 and we would then be happy to create and send you your Tax Invoice email from our sales system.

How to download easyFBT 2024

You can download the easyFBT 2024 software installer from the Downloads area on our website by clicking the easyFBT 2024 folder. Prior to downloading and installing easyFBT 2024 we also recommend that you download and follow our Installation and User Guides.

If you need any assistance with easyFBT please send us a support request.

Refer a friend

Do you know anyone else who may be interested in using easyFBT to complete their FBT obligations? Refer them to us and if they purchase easyFBT we'll provide you with a 10% discount off your next purchase! Contact our sales team for more information.

We love feedback!

At One Plus One Solutions Pty Limited we are 100% committed to creating solutions that improve the way you do business so we appreciate your feedback and enhancement suggestions. Over the years easyFBT has been continually improved by including many enhancements suggested by our users.