FBT Q&A ‘ Non-Salary Packaged Entertainment of PBI Employers

Question: With the introduction of the $5,000 cap in regards to salary packaged meal entertainment and entertainment facility leasing expense benefits commencing from 1 April 2016, what impact does this have for a PBI employer where, for example, meal entertainment is provided directly to employees not via salary packaging. Is this now potentially subject to … Read more

GST – GST and Council Rates

Why are Council Rates not subject to GST? It is a longstanding and settled concept that Council rates are not subject to GST. Below is a brief analysis explaining why this is the case. Taxable Supply An entity makes a taxable supply where the following conditions are met: the supply is made for consideration; the … Read more

Categories GST