FBT, Public
Good News: The FBT exemption for electric vehicles is coming!
On the 29th of June 2022, the Government announced a proposal to provide an exemption for Fringe Benefits Tax (FBT)...
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FBT, Public
Member Q&A: Does the 12 week register method reduce FBT for meal entertainment?
Question Our organisation generally elects to use the 50/50 method in the Division 9A ‘meal entertainment’ provisions of the Fringe...
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Payroll, Public
Member Q&A: Interest-free arrangements to repay overpaid salary
Question We have inadvertently overpaid a staff member a significant amount of wages. At the moment, we are looking to...
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ATO/General, Charities, Eligibility, Public
The ACNC’s Charity Register review project: What do you need to know?
Almost 400 charities that failed to submit two or more ACNC Annual Information Statements (AIS’s) have lost their registration. In...
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ATO/General, Charities, Public
Accepting cryptocurrency donations
It is becoming increasingly common for charities and not-for-profits around the world to accept donations in the form of cryptocurrency....
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ATO/General, FBT, Public
Member Q&A – Providing temporary accommodation due to an employee’s relocation
Question We have a staff member that has been appointed to a new role. The staff member currently works in...
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ATO/General, Eligibility, FBT, Public
What does a change of Government mean for TaxEd members?
With a change of Government comes new policies and the scrapping of policies previously announced under the former Government (which...
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ATO/General, GST, Public
GST and the Margin Scheme – issues arising from the recent Landcom Case
On 9 May 2022 the Federal Court of Australia handed down judgment in the Landcom Case (Landcom v Commissioner of...
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GST, Public
GST and Bad (or overdue) Debts – how are they dealt with
The end of the financial year (30 June) usually prompts a review of bad and doubtful debts. So, it is...
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FBT, Public
Member Q&A – Lucky door prize won by an employee!
Question If a staff member attends a third party conference and wins a lucky door prize to the value of...
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FBT, Public
Employer paid or reimbursed road and bridge tolls – a bridge too far?
Where an employer pays/reimburses an employee’s road toll expenditure or allows the employee to use the employer’s electronic road toll...
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ATO/General, Payroll, Public
A successful claim for under award wage payments – how to treat?
A difficult aspect of employment is the unhappy ending. Occasionally cessation of employment will be followed by litigation regarding matters...
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