Currently set to Index
Currently set to Follow

FBT Alert: Ride-sourcing travel services such as Uber may be subject to FBT

The ATO has recently confirmed their view that the FBT exemption for taxis only applies to vehicles that are licensed to operate as a taxi. (Refer to FBT and taxi travel – QC 59508). In other words, if your employees travel using ride-sourcing services such as Uber, the travel expense may be subject to FBT. …

Read moreFBT Alert: Ride-sourcing travel services such as Uber may be subject to FBT

GST – Fundraising events: Tax & GST treatment

We receive many queries about the income tax and GST implications of fundraising events, both from those hosting and those attending the events. We’ve prepared an example to help illustrate the tax consequences for organisations planning on hosting these events. It is important to also keep in mind the income tax consequences of any attendees, …

Read moreGST – Fundraising events: Tax & GST treatment