Payroll – What to expect from the NSW Review of Payroll Tax Administration

The NSW Productivity Commission (the Commission) has presented its conclusions from its review of the administration of payroll tax (PRT)—Review of Payroll Tax Administration (the Review). The NSW Government has, basically, accepted all of the Commission’s recommendations in its Government Response (the Response). The outcomes of the Review are summarised below in the order dealt …

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Salary Packaging Q&A – S. 58X exemption: Do we need a declaration that covers portable electronic devices?

Question We would like to provide an employee with a declaration that shows they satisfy the requirements of an exempt benefit for an electronic device they have purchased. How should the declaration be worded? Answer The s. 58X exemption for a portable electronic device does not require a declaration from the employee. However, it is …

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