Tag "FBT"

FBT Q&A – in-house benefits changes

FBT Q&A – in-house benefits changes

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Payroll / FBT Q&A – return to work assistance

Payroll / FBT Q&A – return to work assistance

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TaxEd presenting at the Local Government Finance Professionals Conference

TaxEd is delighted to have been be invited to speak at the Local Government Finance Professionals Conference being held between November 26 – 29 at the Royal Pines Resort on the Gold Coast. Presenting on FBT – the key to council cars…

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Statutory Formula and Education back on the menu

The Coalition has reviewed a backlog of 96 tax changes that had been previously announced by the Labor Government but had not been legislated. The two key areas that impact on TaxEd members are the scrapping of the changes to the Statutory Formula for valuing car fringe benefits (as previously communicated by TaxEd) and the […]

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Taxation Ruling TR 2013/6 – FBT and otherwise deductible rule – “once only deduction”

TR 2013/6 sets out the Commissioner’s views on whether a “once only deduction” for purposes of applying the otherwise deductible rule for FBT purposes, arises in calculating the taxable value of an “external expense payment fringe benefit”…

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FBT Q&A – Stat formula and car in extended repair due to floods

Question Our question relates to the statutory formulae to determine <span class="scayt-misspell" data-…

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FBT rates, thresholds and other amounts for 2013-14

FBT rates, thresholds and other amounts for 2013-14

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FBT Certificate course gets higher CPD credits by CPA Australia

The Professional Certificate in FBT Compliance and Risk Management for Government and NFP Sectors course that begins o…

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Court confirms allowance is LAFHA and no income tax deductions claimable — Hancox v FCT

The Federal Court has confirmed that a taxpayer, who was employed by a mining company at Port Hedland on a fly-in fly-out basis and who was in r…

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Distinction and Treatment of LAFHAs and Travel Allowances – common errors

It is important to distinguish between a person who is travelling away from his or her usual place of residence and a person who is living away …

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