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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 $2300. 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 $10200. Fairleigh Marketplace has a pre-printed amount of $2,300 at F1 on its September Activity Statement. Get online assignment help-AI & plagiarism-free-now!
Required: Complete the FBT instalment section of the September Activity Statement.
F1 = 2300
Write the F1 amount at 6A in the Summary Section OR if varying the amount, complete F2, F3, F4
Estimated FBT for the year F2 = 10200
Varied amount for the quarter. F3= ?
Reason code for variation F4= 30
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