Article

GST Q&A ‘ Sale of pre-1 July 2000 vacant land by local authority

Is the sale of vacant land owed by a local authority since before 1 July 2000 a taxable supply? If so, can the local authority use the margin scheme or will the conventional calculation of GST apply?

Read more

Payroll – Single Touch Payroll

The article provides an update on the implementation of the Single Touch Payroll (STP) regime from 1 July 2017.

Read more

FBT ‘ Prepayment of Novated Lease

Is the prepayment of a novated lease a separate fringe benefit? What are the FBT consequences where the employee terminates their employment during the prepayment period?

Read more

GST ‘ Countertrade Transactions

In the November 2016 Tax Update we discussed the ATO’s newly released PCG 2016/18 which provides GST concessional treatment for certain B2B transactions where non-monetary consideration is provided. Labelled ‘countertrade’ transactions, the concessions may prove helpful in a variety of situations, including for example, land transactions where only non-monetary consideration is provided such as agreed […]

Read more

GST – McEwans Australia Pty Ltd v Brisbane City Council

This article discusses a recent case in which the Queensland District Court was required to interpret a reference to ‘GST’ in a contractual provision providing for reimbursement of GST. The article identifies some implications for consideration.

Read more

GST ‘ A reminder of some deadlines

This article reminds NFP entities of GST and other deadlines that may affect them.

Read more

Eligibility ‘ Local Councils and Payroll Tax Exemption

A recent NSW case is a reminder for Local Councils to ensure payroll exemption is being appropriately claimed.

Read more

Eligibility ‘ When will the Employment Agent Rules not apply?

It is the generally understood position that employment agents are liable for payroll tax on workers procured for clients of the employment agency. A recent case shines a light on the employment agency rules and provides a favourable outcome for certain types of transactions.

Read more

Eligibility ‘ Is the Victorian Farmers Federation a Charity

In recent Tax Updates we have covered many Court and Tribunal decisions considering whether an organization is a ‘charity’ for payroll tax purposes. Recently the Victorian Farmers Federation failed in its attempts to be recognised as a charity. In this article we explore the decision.

Read more

Eligibility ‘ Public Benevolent Institutions ‘ the ACNC’s view

The ACNC has recently finalized its view of the circumstances in which an organisation is a public benevolent institution (PBI). This article looks at the ACNC’s conclusions.

Read more