August 2017 | TaxEd

Salary Packaging

Special Edition

FBT Article ‘ Commissioners draft travel ruling: Part I

TR 2017/D6 – Deductibility of employees’ travel expenses (Part I) On 28 June 2017, the Commissioner issued TR 2017/D6 entitled...

FBT Article ‘ Commissioners draft travel ruling: Part II

TR 2017/D6 – Deductibility of employees’ travel expenses (Part II) In this second part of our discussion of TR 2017/D6,...

Payroll, Public

Payroll Article ‘ Single Touch Payroll: July 2017 Update

Single Touch Payroll (STP) will apply to organisations with 20 or more employees (Substantial Employers), from 1 July 2018. Employers...

Public, Salary Packaging

Salary Packaging ‘ Safe Harbour for Sportsperson’s Image Payments

Last year, we drew attention to the Brisbane Bears Case. This decision dealt with payroll tax in the context of...

FBT Q&A ‘ Otherwise deductible for student amenities fee

Question Where a course of study has the relevant nexus to an employee’s income producing activities it will be considered...

FBT Q&A ‘ Provision of vehicle to two staff members

Question We provided a small car for two employees during the FBT year as follows: Employee 1 – From 1/4/16 to...

FBT Q&A ‘ Staff vouchers in excess of $300

Question We give Gift/Voucher cards to staff members where all of the following circumstances apply: We give a Gift/Voucher card...

Payroll, Public

Payroll Q&A ‘ What is the rate of withholding where a supplier fails to provide an ABN?

Question Effective 1 July 2017 what is the rate of withholding where a supplier fails to provide an ABN? Answer...

Public, Salary Packaging

Salary Packaging Q&A ‘ salary packaging income protection insurance

Question An employer is considering allowing employees to salary package income protection insurance – what tax issues arise? Answer We...