End of FBT year is the time to make sure you get the most of your salary packaging. March 31 will be here in no time, so check out these key dates and make sure you’re ready to go:
Your important dates
Monday 15 March, 2021
If you’re eligible for the FBT exemption cap but have not yet reached the cap limit, you have until Monday 15 March 2021 to submit a claim to ensure it counts towards your 2020-21 FBT year cap.
Tuesday 30 March, 2021
If you have a RemServ Wallet, spend your available RemServ Wallet balance before Tuesday 30 March 2021.
With some vendors and financial institutions taking up to a few days to process transactions, RemServ is not responsible for any vendor or financial institution processing delays.
To view your Wallet balance, simply log into the RemServ app and visit your dashboard.
If you have Living Expenses funds remaining you wish to spend, consider purchasing a gift voucher by logging in to the RemServ app, select ‘View offers', then ‘Discounted Vouchers’ and the retailer you wish to purchase the voucher from.
It’s important you know any unspent funds in your Wallet after 31 March 2021 will roll over for you to spend in the new FBT year, starting 1 April 2021. However, your yearly cap limit will remain the same, and won’t roll over.
Tuesday, 31 March 2021
End of FBT year
Make the most of your salary packaging and maximise your tax savings with these easy checks:
1. Check your balances
If you’re eligible, have you maximised this year’s full FBT cap limit?
Please note any unspent cap will not roll over to the next FBT year.
2. Make a claim
Submitting a claim online has never been easier!
The RemServ App lets you claim ‘on the go’ – anywhere, anytime – from an Apple or AndroidTM mobile device.
With built in camera functionality, all you need to do is click, claim and go!
Please note: To use the app you must be registered for RemServ Online.
Apple is a trademark of Apple Inc., registered in the U.S and other countries. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play logo are trademarks of Google Inc.
Our secure online portal, RemServ Online, is an easy, simple and fast way to claim.
Simply log in to your RemServ Online account and start lodging claims. If you're new to RemServ Online, click on the Register now button and follow the prompts. RemServ Online also enables you to view your transactions, update your account and more.
If you need to amend your contributions, don’t leave it too late! Processing requests can take up to three (3) to five (5) business days, and up to two (2) pay cycles for these changes to come into effect.
Meal Entertainment and Venue Hire claims
If you’re eligible to claim for Meal Entertainment and/or Venue Hire benefits and have not yet used the full $2,649.99 cap, be sure to submit your claims to RemServ by the claim cut-off date on Monday, 15 March 2021.
Remember, you can also submit claims for future events you may have booked and paid for, including restaurant meals and holiday accommodation for the inclusion in the 2020-21 FBT year.
You can check your Meal Entertainment balance by accessing your RemServ Wallet balance on the RemServ app or visiting RemServ Online. Please note, if you don't spend up to your cap, the remaining amount does not roll over to the next FBT year.
We’re here to help!
Getting in touch with us is easy! Simply visit our website to connect to LiveChat to speak with our consultants, or log in to your RemServ Online account and select ‘contact’ to submit a ‘contact us’ form. Alternatively, feel free contact us and we’ll respond to you as soon as we can.