December 2020

The importance of adequate and current substantiation of salary packaged expense reimbursements

What happens if an employee has not (and cannot) provide an employer with adequate and current substantiation of salary-packaged expense reimbursements? Are there problems for both the employer and the employee? Consider this. Mary commences employment with a PBI in 2017 and elects to enter into a salary sacrifice arrangement to access her PBI exemption […]

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JobMaker hiring credit: What is it & how does it work?

What are the proposed details of the JobMaker Scheme? Can your organisation utilize the Scheme? Is a particular prospective employee within the ambit of the Scheme?   The JobMaker Hiring Credit scheme that was announced as part of the 2020-21 Federal Budget (‘Scheme’) is designed to improve the prospect of young individuals getting employment in

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FBT Q&A – Reimbursement of Volunteer out of Pocket expenses

Is reimbursement of a volunteer’s expenses subject to FBT? Question We are a Council and we have a register of volunteers who assist with various events held in the city at times and are provided training in order to undertake ‘meet and greet’ duties for interstate and/or international visitors. As part of these duties the

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