GST Q&A – Provision of funding for Christmas functions

Is GST payable on funding provided by Council’s related DGR to meet the cost of a Christmas function hosted by a not-for-profit entity? Question Council has a related endorsed deductible gift recipient (DGR) fund. Through the DGR, Council provides funding to various not-for-profit entities (NFPs) to host Christmas luncheons for individuals experiencing financial hardship. The …

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Payroll – Check you’re making the correct super contributions for your employees

There is a change to the way in which super guarantee contributions are calculated. Employers should review their calculation practices to ensure conformity with the law. Recent changes made to the Superannuation Guarantee (Administration) Act 1992 (SGA) by the Treasury Laws Amendment (2019 Tax Integrity and Other Measures No 1) Act 2019 (the amending Act) …

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FBT – Car parking fringe benefits – ATO restatement and expansion of the net

Heads up – the ATO has issued some revised material on car parking fringe benefits. Two recent ATO documents cause us to take another look at the issue of car parking fringe benefits. In fairness, most of the ATO efforts have gone into updating its public commentary about when a car parking fringe benefit arises …

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