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 $1,500. At the start of July, they reviewed their staff policy and increased benefits to employees. They have estimated for the year ending 31^st March that their Fringe Benefits Tax (FBT) liability will increase from $6,000 to $8,000. Fairleigh Marketplace has a pre-printed amount of $1,500 at F1 on its September Activity Statement.

Required: Complete the FBT instalment section of the September Activity Statement.

Fringe Benefits Tax (FBT) instalment

F1

$ 1,500

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

$ 8,000

Varied amount

for the quarter

F3

$ 2,000

Reason code for variation

F4

$ 30

I need help with calculating F3 - varied amount for the quarter