GST – Are you making these common reporting errors?
The ATO recently identified the five most common GST reporting errors. If you want to avoid making these errors and learn other ways to prevent mistakes in your activity statements, read on.
FBT Q&A – Living-away-from-home allowance (LAFHA) for employee posting overseas: Food and accommodation
Do you have an employee that you plan on posting overseas? This Q&A discusses reasonable food amounts, accommodation, documentation and declarations for a living-away-from-home allowance.
Payroll – Streamlining the transition to Single Touch Payroll
Are you finding it impractical to provide a written declaration each time a registered agent lodges a STP pay event on your behalf? The ATO has responded to recent feedback by allowing eligible parties to sign an annual declaration to streamline the new reporting process.
Eligibility – Proposed reforms of DGRs that are public funds
Are you aware of the reforms that relate to Deductible Gift Recipients (DGRs) that are public funds? Here’s a quick glance at the proposed changes. You may also be interested in our accompanying article Heads up: DGR registration changes proposed, which discusses proposals that require certain DGRs to register with the Australian Charities and Not-for-Profits […]
FBT – Providing ‘workhorse’ vehicles to employees on ‘emergency on-call’
Do you provide a vehicle to an employee on ‘emergency on-call’? We have received an increasing number of queries from employers about the FBT implications of providing ‘workhorse’ vehicles to employees that are on-call.
FBT Q&A – Is the reimbursement for the cost of an employee’s contact lenses a reportable fringe benefit?
Question Can you please advise if reimbursing an outside employee for contact lenses is a reportable fringe benefit?
FBT Q&A – Providing e-bikes to employees: Can I rely on PCG 2018/3 guidelines?
Question We are considering a scheme where employees are able to salary sacrifice the cost of an e-bike for commuting purposes. We wish to confirm that these e-bikes are not subject to FBT as they are under the same part of the legislation as Tool of Trade vehicles and are able to be used for […]
Payroll Q&A – Genuine redundancy payments and entitlements under contracts
Question Under our employment contracts, there is usually a clause included that there will be a payment for one month’s salary for normal terminations and a payment of six months’ salary for a redundancy. In the case of a genuine redundancy, would this mean that the first one month’s salary payment would be treated as […]
Eligibility – Heads up: DGR registration changes proposed
Deductible Gift Recipients (DGRs) that are not currently registered with the ACNC can expect change. Does your organisation need to be proactive? We outline some of the proposed reforms, their timelines and points of action you may need to consider. We take a brief glance at proposed reforms to DGRs involving public funds in an […]
Payroll – Changes to Victorian Long Service Leave: What you need to know
Victorian employers, are you aware of the changes to long service leave (LSL) from 1 November 2018? Now is the time to review and update your LSL policies and procedures to ensure that LSL entitlements will be correctly calculated and administered once the new law takes effect.