FBT Q&A ‘ Application of s. 58X (provision of certain work related items) where supplemental warranty purchased

FBT implications where Council pays/reimburses cost for provision of electronic portable devices for employees to use at home. Council also pays/reimburses cost of extended warranty.

Read more

FBT Q&A ‘ Whether an insurance excess is included in a car expense calculation under s. 10

Is an insurance excess included in the car expense calculation under s. 10 FBT Assessment Act?

Read more

FBT Q&A ‘ Salary Sacrifice for cost of skin checks

Will salary sacrifice for skin checks attract FBT?

Read more

GST Q&A ‘ Application of s. 38-445 where selling part of land

Where only part of a property is sold, when determining if there are ‘no improvements on the land’ under s. 38-445 does Council need to consider the whole property or just the part being sold? Also, would a fence constructed by an adjoining landowner prevent Council from accessing s. 38-445 as an improvement?

Read more

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

Page 11 of 90« First...910111213...203040...Last »