Western Australian Consolidated Regulations

PAY-ROLL TAX ASSESSMENT REGULATIONS 2003 - REG 25

25 .         Final returns using the estimated value method

                If an employer who uses the estimated value method lodges a final return for an assessment year, the value of the fringe benefits to be included in the return is the amount equal to the difference between —

            (a)         the amount equal to the sum of —

                  (i)         the WA fringe benefits provided by the employer for the FBT year that ended on 31 March in the assessment year; and

                  (ii)         the WA fringe benefits provided by the employer for April, May and June in the assessment year (if any);

                and

            (b)         the amount equal to the sum of —

                  (i)         one quarter of the WA fringe benefits provided by the employer for the FBT year that ended in the first financial year for which the employer last chose to make returns using the estimated value method; and

                  (ii)         the total of the amounts of WA fringe benefits included in the monthly returns for the assessment year.