State and Territory Government road user charges on electric vehicles replace lost fuel excise revenue. But are they Constitutionally valid? What are the FBT ramifications? Watch this space.
Electric vehicles, road user charges – the Constitutional challenge Read More »
Are mortgage interest expenses, in relation to a remote area housing, included in my reportable fringe benefit? Read on to find out if your reportable fringe benefit amount is correct.
Member Q&A: Is my Reportable Fringe Benefit amount correct? Read More »
Despite significant lobbying the legislation has now been passed by the Parliament, although a concession has been made to increase the fee threshold at which a school will cease to be exempt. Read on to find out the details.
An update – Victorian payroll tax on non-government schools Read More »
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.
Victorian Budget’s surprise Payroll Tax increase for businesses and schools Read More »
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.
Updated FBT rates and thresholds Read More »
This article aims to summarise the key announcements included in the Federal Budget worth noting for TaxEd members.
Federal Budget summary 2023/24 Read More »
When is security provided for employee safety purposes considered a taxable fringe benefit? In this article, we aim to answer this very question.
Is security at a Council meeting an FBT exposure? Read More »
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.
FBT compliance record keeping simplifications Read More »
Is it correct that if we provide an allowance at or below the reasonable ATO amounts then the allowance can be paid with no PAYGW required to be deducted, and no amount is required to be shown on the employee’s income statement?
Member Q&A: Treatment of an accommodation allowance Read More »
An ex-employee is working for us as a contractor, with an ABN but not registered for GST. Does Pay As You Go Withholding (PAYGW) apply and should we be withholding tax, if so at 47%? Should we be paying SG?
Member Q&A: Should we be paying super to a contractor? Read More »
