Preparing for end of FBT year
Preparing for the end of the FBT year – 31 March 2012
The end of the FBT year is approaching fast on 31 March 2012. That’s why it’s important to ensure your salary packaging account is in order.
To meet your cap limit for the current FBT year and make the most of your available tax savings, you must submit all reimbursement claims to Maxxia by Monday 19 March.
Health and Charity employees only
Items outside your cap, including Meal Entertainment and Venue Hire do not need to be claimed by the end of March, so you can claim anytime!
It’s important that you use any funds on your Visa Salary Packaging Payment card by Monday 26 March to make sure they are included in the current FBT year. This will also ensure you can continue to salary package your full limit in the next FBT year.
Keeping on track with your novated lease
If you have a novated lease, you have until Monday 9 April to submit your final odometer reading as at 31 March.
Throughout the FBT year we ask you to lodge and monitor your odometer readings. It’s important to keep track of the kilometers you travel so that you meet your nominated annual kilometers.
Check your online account
Take a few minutes to check your online salary packaging account.
Checking your account online will help you to keep track of your salary packaging account balance and transactions to ensure you are maximising your available benefits.
To access your online account click here.
If you have forgotten your login details click here. Maxxia will email your login details to you.
It’s also important to review your account details online to ensure they are correct. If you would like to make any amendments to your salary packaging account, including changing scheduled payments and benefits, please notify us by Friday 9 March.
We recommend you take a few moments to read the flyer ‘Preparing for the end of FBT year – 31 March 2012’. It provides you with important closing dates and actions required to make the most of your available funds.
We’re here to help
If you have any questions about your salary packaging account or the end of the FBT year, please contact us on 1300 123 123 (8.00am – 7.00pm EST Monday to Friday).