Income Statements and Reportable Fringe Benefits
NSW Health employees will not receive a payment summary via Stafflink at the end the 2020 financial year.
This is because we have moved to Single Touch Payroll as per the Australian Taxation Office (ATO) requirement. This does not change the way you are paid, only the way tax and superannuation information is reported to the ATO.
This year, your payment summary will be known as an ‘income statement’.
Income statement FAQs
How can I access my income statement this year?
The ATO has some useful information to help you get ready:
- Setting up your myGov account
- Accessing your income statement
- ATO fact sheet: The way you get your payment summary is changing (PDF)
Is there another way to get my income statement?
If you are not able to, or don’t want to, create a myGov account, you can get a copy of your income statement by phoning the ATO on 13 28 61.
If you use a registered agent to lodge your tax return, they will have access to your income statement.
Can I still access previous year’s payment summaries?
Yes, you can still access your payment summaries for previous years via StaffLink.
If you need further information, please contact your Manager in the first instance. Your Workforce/Human Resources Unit may also be able to assist.
Alternatively contact the Payroll Services Customer Services Team in Newcastle/Parramatta:
- Online 24/7 via our HR Online Support Query
- Over the phone on 1300 679 367 (8:30am – 4:30pm, Monday – Friday)
Reportable Fringe Benefits FAQs
What is a Reportable Fringe Benefit amount?
If you have entered into agreement to have Salary Packaging and/or Meal Entertainment, or have been provided with fringe benefits within the Fringe Benefits Tax year ending 31 March 2020, a Reportable Fringe Benefits Amount (RFBA) will be recorded on your income statement where the fringe benefits exceeds $2,000.
Employees who are performing exempt duties within Health Agencies are eligible to be provided with fringe benefits which are exempt from FBT up to a threshold cap pursuant to section 57A of the Fringe Benefits Tax Assessment Act 1986 (FBTAA).
Salary Packaging enables eligible employees to package certain approved fringe benefit items as FBT exempt up to the value of $9,010 per annum, and $2,650 for Meal Entertainment.
Your income statement will show your gross salary as your base salary plus any overtime and allowances, less the total value of your pre-tax benefit items, the salary packaging administration fee and the employers’ share of the tax savings.
It will also include a ‘grossed-up’ RFBA .This amount is the total amount of the taxable value of your reportable benefit items factored up by a rate set by the Australian Taxation Office (1.8868 for the 2019/20 Financial Year).
If you Salary Packaged to the full net amount of $9,010 in the 2019/20 Fringe Benefit year, this will be displayed on your income statement as a RFBA of $17,000. If you claimed Meal Entertainment to the full net amount of $2,650, this will be displayed on your income statement as $5,000. If you claimed both Salary Packaging & Meal Entertainment to the full net amount, this will be displayed as $22,000.
The Australian Taxation Office (ATO) recognises an eligible staff member who has a RFBA on their income statement as having received their Salary Packaging and/or Meal Entertainment tax free and as having received a fringe benefit. Should this amount be means tested by the ATO to determine the equivalent taxable gross value it would equate to an amount of $17,000 (or $22,000 if also claimed meal entertainment in full). Means testing may be undertaken for the purpose of assessing payments such as the Medicare Levy Surcharge, Higher Education Loan Payments (HELP), superannuation benefits, child support and family assistance.
For further advice about Taxation, please refer to the Australian Taxation Office website.
What if I have salary packaged across multiple Health Agencies (all exempt duties)?
For the 2019/20 financial year, all RFBA appear on the income statement for your current or most recent NSW Health employer.
This means that if you salary packaged in a previous Local Health District or Health Agency and transferred to another Local Health District or Health Agency (where both roles involved performing exempt duties) during the last fringe benefit year, the RFBA will also transfer and be consolidated onto the income statement of the current or most recent Health employer.
What if I perform exempt and non-exempt duties at multiple Health Agency?
For the 2019/20 financial year, where you have salary packaged in a Health Agency where you were performing exempt duties and transferred into a Health Agency where salary packaging was no longer available as a result of non-exempt duties, you will receive separate RFBA on separate income statements where the aggregate fringe benefits received across both Health Agency exceeds $2,000.
Employee Self Service
Manage your personal and pay information through Employee Self Service.
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