GST, Public
Time Limits for claiming GST credits
The GST rules contain what is referred to as the 'four-year rule'. That is, the ATO generally has a four-year...
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FBT, Public
Member Q&A: What is the FBT treatment for a car navigation system?
As technology improves, so does the cost of maintaining it. Is the update of a car's satellite navigation system included...
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GST, Public
When are GST credits restricted for Motor Vehicles?
Generally, when a GST-registered entity acquires a motor vehicle in Australia in the course of carrying on its enterprise, then...
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FBT, Public
Member Q&A: Dual purpose travel – how to treat the airfares?
When an employee travels for business but stays on for a holiday, how do you work out the FBT for...
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FBT, Payroll, Public, Salary Packaging
Stage 3 tax cuts: welcomed, but a sting in tail for salary packaging
Whilst the new proposed Stage 3 tax cuts will produce savings for most taxpayers, the changes will also have an...
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GST, Public
How far can you go for GST exemption – are pontoons and waterways included?
A private pontoon is situated on council waterways leased to the resident. The resident claims that the ‘pontoon lease’ is...
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FBT, Public
Member Q&A: Volunteer reimbursements
What are the FBT implications of giving reimbursements to volunteers?
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FBT, Public
Imported second hand EVs and the FBT exemption
We are getting a lot of questions regarding the scope of the FBT exemption for electric vehicles (EVs). An interesting...
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FBT, Public
Member Q&A: Charging employee private vehicles at work
The rise of e-vehicles also raises the questions about what are the FBT implications (if any) of employees charging their...
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GST, Public
Correcting GST Errors
On 26 September 2023 the latest legislative determination for correcting GST errors came into effect. This replaces the previously issued...
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FBT, Public
ATO threaten crackdown on ‘workhorse’ vehicles!
The ATO has recently stated their concerns with certain 'tradie' type vehicles. The concern is that such vehicles provided to...
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Payroll, Public
Superannuation entitlements for audit and risk committee members
Confusion reigns regarding whether independent audit and risk committee members are entitled to superannuation in relation to remuneration received. This...
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