Jul 1 2014
You will now be in receipt of your 2013-14 Reconciliation files and statements for Novated Lease and Salary Packaging customers. As detailed in our instructions to you, any positive and negative balances should now have been actioned and completed via payroll processing.
Clients on our ‘Actual Payroll’ Method are reminded to complete the final step in the Reconciliation process, by providing us with a return Amendment file itemising the payroll action you have taken.
This will be uploaded into our system to reflect the refund/recovery and return the FBT year balance to zero.
It is important that this step is completed so that we can ensure we have accurate records for our Novated Lease and Salary Packaging customers in the 2013-14 FBT year.