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FBT Q&A – Are exempt ‘workhorse cars’ subject to the car parking fringe benefit rules?

Do we need to pay FBT on the ‘car parking’ of a utility truck designed to carry a load of less than one tonne where there is no FBT payable on this vehicle due to usage being limited to work-related travel and other minor, infrequent and irregular private travel?

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GST – The GST gap: Key risk areas identified in the 2017-18 GST administration annual performance report

The GST gap, which is the difference between the amount of GST that should be paid and the actual amount paid, helps us identify common GST mistakes and areas that attract the ATO’s attention. This article discusses key risk areas identified by the ATO and what you need to be aware of.

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FBT Q&A – Provision of short-term hire car: Can we access the minor benefit exemption?

We provided our employee with a hire car for 14 days while their employer-provided car was being repaired. Can we access the minor benefit exemption?

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FBT Q&A – How do I determine the all-day parking fee from an annual rate?

There is a commercial car parking station located within 1km of our employer provided car parking. The parking station charges an annual fee which the permits the user to park all year round. To determine the lowest all-day parking fee charged by that parking station, do we divide the annual fee by 228?

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Payroll – The Kincare Case: Common issues for non-profit entities dealing with related for-profit entities

Are you entitled to exemption for NSW payroll tax on the basis you are a non-profit organisation? The KinCare Case was handed down on 6 March 2019. The case considers the nature of a non-profit organisation for transitional purposes and this will also inform the corresponding mainstream meaning of the term. The case is useful […]

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FBT Q&A – In-house fringe benefits: Staff tickets for council-owned theatre

Question We are a council and we own and operate a theatre on council property that provides theatrical services to the community.  The theatre is proposing to provide discounted theatre tickets to council staff. Would the in-house benefit rules apply?

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Payroll Q&A – Are tax exempt employers subject to penalties for not complying with their PAYG withholding obligations?

Question We are an income tax exempt organisation. We are aware of the new PAYG withholding rules that deny a tax deduction for non-compliant payments. Since the penalty for non-compliance under the new rules is negligible for income tax exempt organisations, are we are not subject to any other penalties for failing to withhold an […]

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Payroll Q&A – Reportable fringe benefits: Vehicle with carrying capacity of more than one tonne provided to multiple employees

Question We have provided a vehicle with more than one tonne load carrying capacity to more than one employee. The vehicle has been used for private purposes. Does a reportable fringe benefit arise?

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Payroll – Is annual leave loading subject to SGC?

There have been some recent developments regarding whether annual leave loading is subject to super guarantee charge (SGC), including how the ATO will deal with situations where SGC has not been paid. The article takes a look at what has been happening.

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Payroll Q&A – Are new directors of income tax exempt companies liable for their company’s outstanding unpaid PAYG withholding?

We have been told that new directors of income tax exempt entities can be liable for unpaid PAYG withholding obligations which were outstanding before they became directors. Is this correct?

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