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Salary Packaging

Special Edition

GST and grants: Need more guidance? Is there a better way?

From TaxEd’s perspective, we regularly receive questions via our Q&A service asking whether grants paid or received by government entities...

Car fringe benefits: Can you reduce your FBT liability in 2021?

In this article, we explore some issues relevant to 2020/21 FBT compliance for cars. The reference in this article to...

Member Q&A – Claiming GST on credit card surcharges

Question What are the requirements to be able to claim GST credits on a credit card surcharge that is not...

Member Q&A – Is remote area housing rent assistance a reportable fringe benefit?

Question We wish to confirm whether benefits to staff consisting of remote area housing assistance in the form of employee...

When is a COVID-19 grant from a local government subject to GST?

Due to the economic impact of COVID-19 many local councils (along with the state and federal government) are providing grants...

FBT Q&A – Seasonal staff COVID-19 quarantining costs

Question We are recruiting seasonal workers for fruit picking employment from other states. These seasonal workers must / or may...

Eligibility, Public

Government announcement regarding easing financial reporting burdens for charities

In August 2018, an independent review of the Australian Charities and Not-for-profits Commission legislation was handed down and included 30...

ATO/General, FBT, Public, Special Edition

Why should you attend the 2021 FBT Roadshow?

The end of the FBT year draws near! Each year, there are new developments to keep in mind when preparing...

Public, Salary Packaging

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...

Payroll, Public

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...

Public, Salary Packaging

Can takeaway food be treated as ‘meal entertainment’?

For certain not-for-profit (‘NFP’) employers, there is, in addition to the standard $30,000 or $17,000 FBT exemption or rebate cap...

FBT Q&A – Headphones and headsets – portable electronic devices?

Question Following on from the recent Q&A titled ‘Reimbursement of ear pod headsets’ (September 2020 TaxEd Update) would you also...