What should be done if the ABN of a creditor’s invoice is not the same as the one resulting from a search on the ABN Lookup website?
Before determining you have an FBT liability on car parking, it may pay to check the ‘above the threshold’ car park is both above the threshold and a commercial car parking station.
Where an employee is provided with a car as part of their salary package, and the car is provided by way of novated lease financing, can the car be provided to another employer for private use at the employer’s direction so as to be a ‘pooled’ car?
GST ‘ State and Territory GST Issues: the latest published minutes of the GST ‘ States and Territories Industry Partnership
This article discusses some aspects of the recently published (March 2017) minutes of the GST- States and Territories Industry Partnership Meeting held in October 2016.
This article alerts you to some NFP sector- related developments over the past month. It deals with matters which have a more specialist nature or matters requiring only brief comment. There is material on Business Benchmarks, FBT – use of tax agents for FBT Returns, accounting for GST where total consideration is not known, accommodation […]
Food and drink consumed by an employee when travelling is generally regarded as sustenance and otherwise deductible, including where alcohol is consumed. However, is there a point in time when the alcohol consumption takes the food and drink outside of the sustenance category?
If an employee intends using their employer provided vehicle only for home to work travel with minimal other private travel is it worthwhile for FBT purposes providing them with an exempt vehicle?