Articles

The Victorian Government Budget announced some unexpected changes to the Victorian Payroll Tax. This article dissects those changes and analyses who, what and how it will impact members and NFPs.

As the 2023/24 FBT year commences it is always important to monitor changes to relevant rates and thresholds. Here are some key ones to note going into new FBT year.

What are the GST implications (if any) of property allocated to a government entity by a commercial property developer? This article identifies the key points to consider.

Four more proposed FBT compliance record keeping simplification measures have been announced. Here is our summary of what they are and how will they work.

Employers are reminded that the superannuation guarantee (SG) rate will increase from 10.5% to 11% as of 1 July 2023. Find out the implication and what it means for Governments and NFPs.

End of year functions with entertainment. Find out exactly what is covered under the 50-50 meal entertainment rule.

Here is an update for the Landcom appeal case. Find out the details and implications here.

Our Fleet Department purchase passenger vehicles from a dealership, to be modified. The modified vehicle will have seating capacity for 2 people. We are wanting to ascertain whether the car is now principally designed to carry a load (under one tonne) and not to carry passengers and whether modifications bring the cars within the sub-section 8(2) of FBT Act 1986 and possibly results in the car being exempt? Read our answer here.

The ATO has released more detailed public guidance on the new electric vehicle FBT exemption and finalisation of TR 2021/21. Both though are live matters for 2022/23 FBT compliance and employers need to be across the ATO announcements.

During the pandemic many employees were mandated to work from home. Post pandemic most employers have continued to allow work from home arrangements. In response the ATO has issued guidelines to assist employees calculate deductible expenses incurred while working from home. Here's TaxEd's guide on what's changed and how it might affect your organisation.