October 2020

FBT – Remote area housing concessions (Part 2 of 3)

In part one of this series published last month,  we focused on some fundamental remote area concepts. In this second article in our series covering the various remote area housing exemptions and concessions we will cover the following specific concessions contained in the Fringe Benefits Tax Assessment Act 1986 (‘FBTAA’): Remote area housing loan Remote […]

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Member Q&A – Providing printers to employees working from home: FBT considerations

Question With an increasing number of employees working from home we are considering providing a printer for use by the employee whilst at home. The employer will retain ownership of the printer and each printer will cost about $800. In practical terms we expect there will be some private use of the printer and employees

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Member Q&A – Can child support payments be salary packaged?

Question Can an employee salary package child support payments? Answer The rules regarding salary packaging are set out in Taxation Ruling TR 2001/10 and are summarized on the ATO website (click here) Subject to the usual rules being satisfied regarding what constitutes an ‘effective salary sacrifice agreement’ an employee’s child support obligations can be included

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The Moffet case – A reminder about the possible need to pay superannuation for workers who are independent contractors

Australian employers are very much aware that they are required to provide a minimum level of superannuation support for their employees. The distinction between an employee or an independent contractor is not always clear cut and the risk for an employer of getting the status of their worker wrong can be very costly. Whether a

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GST and treatment of expense reimbursements for Councillors

An issue that is regularly raised by TaxEd members is whether a Council can claim GST credits it reimburses a Councillor for travel costs paid by the Councillor for authorised travel arrangements? Background: A common scenario For example, Council arranged for several Councillors to attend a conference and they were attending as representatives of the

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