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FBT Q&A – Are exempt ‘workhorse cars’ subject to the car parking fringe benefit rules?

Do we need to pay FBT on the ‘car parking’ of a utility truck designed to carry a load of less than one tonne where there is no FBT payable on this vehicle due to usage being limited to work-related travel and other minor, infrequent and irregular private travel?

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GST – The GST gap: Key risk areas identified in the 2017-18 GST administration annual performance report

The GST gap, which is the difference between the amount of GST that should be paid and the actual amount paid, helps us identify common GST mistakes and areas that attract the ATO’s attention. This article discusses key risk areas identified by the ATO and what you need to be aware of.

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FBT – Overseas conferences: The apportionment conundrum!

Do you have staff attending conferences away from their usual place of residence? Attendance at overseas and interstate conferences raises a key issue for FBT: the extent to which the taxable value of benefits provided to the employee in connection with attending these conferences can be reduced under the ‘otherwise deductible rule’. This will particularly […]

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FBT Q&A – What are the FBT implications of benefits and outplacement services provided to former employees?

What are the FBT implications of benefits provided to former employees? This Q&A discusses some possible exemptions for employers that provide benefits or services to an employee as part of their redundancy. Question In January 2019, our organisation paid training course fees of $3,500 to a state government TAFE for a former employee to undertake a Diploma […]

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Payroll – Payroll tax on contractors: Can revenue offices impose additional payroll tax conditions that aren’t legislated?

It may seem that the state and territory revenue offices have the final say. But can revenue offices impose additional conditions on taxpayers when these conditions aren’t included in the relevant legislation? This article discusses the wider implications of the outcome of a recent case involving payments to contractors in Victoria.

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GST Q&A – Sponsorships, gifts and non-monetary contributions

Does your organisation put out invitations for sponsorships? This Q&A provides guidance on distinguishing between sponsorships and gifts for GST purposes, and discusses the valuation of non-monetary contributions. Question Council is inviting sponsorships for an annual event. There are various sponsorship packages available from $10,000 to $500 or less value.  Each package entitles the sponsor […]

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GST Q&A – GSTR 2000/25: GST on water supply services

Generally, a supply of water is GST-free. However, the GST treatment of charges on specific water supply services provided by your organisation should be considered closely and may depend on the agreement in place between your organisation and the property owner. This Q&A explores the application of GSTR 2000/25 and CR 2013/39 to water supply […]

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GST – Taxpayer alert: Why is the ATO so concerned about GST compliance in connection with development leases?

We have previously discussed issues surrounding the GST treatment of development leases. More recently, the ATO’s concerns with GST compliance involving development leases has led to the issue of a taxpayer alert. In this article, we take a look at the issues under consideration in TA 2018/3.

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FBT – Can a smart watch be exempt from FBT?

Are you considering providing your employee with a smart watch? This article will help you consider whether the smart watch will be subject to FBT.

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Payroll Q&A – Are council subsidiaries exempt from payroll tax?

The payroll tax legislation of some states allows an exemption for the subsidiaries of councils. Does this exemption exist in Queensland payroll tax legislation?

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