GST Article – Purchasers required to withhold and remit GST payable by vendors: the general operation of the proposed legislation

Purchasers, vendors, some parties to gifts of land, and parties to long term leases of land need to be aware of proposed legislation currently before the Commonwealth Parliament. From 1 July 2018, some purchasers/transferees (and some lessees) of land will be required to remit GST which is payable by some vendors/transferors (and some lessors). Those […]

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GST Article – Purchasers required to withhold and remit GST payable by vendors – the transitional operation of the proposed legislation

In a separate article, we have outlined the general operation of proposed legislation which provides for purchasers and others to withhold and remit to the Australian Taxation Office, GST payable by vendors (and others) in relation to certain transfers of land. The legislation is anticipated to be operative from 1 July 2018. This article considers […]

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GST Article – Payments between Clubs and Councils

Transactions between Clubs and Councils may give rise to various different GST outcomes, usually depending on how the transaction is carried out, but also sometimes complicated where the Club is not GST-registered. This article looks are a scenario and the GST considerations.

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FBT Article – FBT rates and thresholds for 2018-19 FBT year

The Commissioner of Taxation has issued tax determinations setting various rates and thresholds for the 2018-19 FBT year. This article summarizes the material.

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Payroll Article – Single Touch Payroll Reporting: Are you ready?

This article looks at the latest developments in the process of rolling out STP.

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Eligibility Article – ‘Taxable payments’ annual reporting for Government entities: a timely reminder

Government entities (whether federal, state or local) need to be aware of their impending obligation to report certain service or grant payments to the Australian Taxation Office. This article summarises the requirements of this reporting obligation, as well as exemptions for entities and specific payments.

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Eligibility Article – Implications for NFPs on Labor proposal to end cash refunds on imputation credits

The recent Labor Party proposal to potentially end access to cash refunds of imputation credits is attracting plenty of discussion, but does it have any implications for NFPs in receipt of cash refunds of imputation credits on dividend income?

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GST Q&A – GST and debt recovery costs

How does GST apply to debt recovery costs both incurred and charged to customers?

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FBT Q&A – Payment of mobile phone allowance to staff

What are the FBT implications of providing staff with a monthly allowance to acquire their own phone outright or on contract, for use in connection with their employment duties?

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