Further to our articles Payroll – Single Touch Payroll and Payroll – the Advent of Single Touch Payroll in the May and November 2016 newsletters, as 2017 gets underway, it is timely to consider what may be necessary to prepare for the commencement of the Single Touch Payroll (STP) on 1 July 2017. The legislative […]
Payroll – Single Touch Payroll Read More »
As part of a salary sacrifice arrangement an employee will often enter into a novated lease arrangement with their employee for the provision of a car. Under the terms of the novation the lease obligations are transferred to the employer for either the term of the lease, or the period for which the employee is
FBT ‘ Prepayment of Novated Lease Read More »
In our November 2016 Tax Update we discussed the difficulties caused for GST compliance where consideration is provided in non-monetary form. The difficulties led the ATO to issue Practical Compliance Guideline PCG 2016/18 GST and countertrade transactions. PCG 2016/18 is intended to relieve taxpayers from strict GST compliance for certain transactions where consideration is provided
GST ‘ Countertrade Transactions Read More »
The Queensland District Court decision in McEwans Australia Pty Ltd v Brisbane City Council [2016] QDC 347 relates to the interpretation of the obligation of the Brisbane City Council (the Council) to reimburse McEwans Australia Pty Ltd (the Developer) for certain GST, pursuant to an infrastructure agreement (the Agreement) into which they had entered. In
GST – McEwans Australia Pty Ltd v Brisbane City Council Read More »
(a) GST The ATO has issued the following reminder: ‘If your not-for-profit (NFP) organisation has elected to pay and report its GST annually, it must do so by 28 February 2017. Your organisation can choose to report and pay GST annually as long as it: is not required to register for GST, and has not
GST ‘ A reminder of some deadlines Read More »
A recent case, Snowy Monaro Regional Council v Chief Commissioner of State Revenue [2017] NSWCATAD 14, a decision of the New South Wales Civil and Administrative Tribunal, is a reminder for local councils to ensure all activities for which they pay wages are eligible for payroll tax exemption. The general design of State payroll tax
Eligibility ‘ Local Councils and Payroll Tax Exemption Read More »
A recent case UNSW Global Pty Ltd v Chief Commissioner of State Revenue [2016] NSWSC 1852 examined what type of transactions are intended to be covered by the employment agency rules found in the NSW Payroll Tax Act 2007 . In the particular, UNSW Global procured persons to: act as expert witnesses in matters (such
Eligibility ‘ When will the Employment Agent Rules not apply? Read More »
A recent case, Victorian Farmers Federation v Commissioner of State Revenue [2017] VCAT 19 (the VFF) saw the membership based Federation fail in its attempt to be recognised as charity for payroll tax purposes. The VFF’s objects included: to advance, promote and protect the interest of Members, the interest of Agricultural industries in which members
Eligibility ‘ Is the Victorian Farmers Federation a Charity Read More »
