I have an employee who has been reimbursed for a postgraduate course which has a nexus to his current position. I had previously thought that post-graduates courses were exempt from FBT under the otherwise deductable rule. However I have noticed on his supporting docs the fees have been classified as HECS-HELP.
This interpretative decision outlines the Commissioner of Taxation’s (the Commissioner) view in relation to whether a fee charged by the operator of a commercial parking station for vehicles entering the station from 1.00 p.m. is a fee charged for ‘all-day parking’ as defined in subsection 136(1) of the Fringe Benefits Tax Assessment Act 1986 (FBTAA).
Where an employee is required to live away from his or her usual place of residence a living-away-from-home allowance (LAFHA) can be provided to the employee. It should be established as a living-away-from-home allowance at the time of commencement in the new location. Provided this is done, an amount that would otherwise be taxable as […]
We have a situation where we have paid employees for successfully completing post-graudation courses which have been deferred by the employee through the payment options FEE-HELP and HECS-HELP. In the past if the course was a post graduation course, the employee was unable to defer these costs to any of the HELP Loan options and […]
Salary Packaging – Appropriate benefits to salary package for particular employers and employees
FBT Q&A – Guest Speakers and Live Bands at a Social Function
NTLG FBT Subcommittee Meeting – FBT Treatment of portable electronic devices (laptop computers, personal digital assistants, smart phones, iPads, etc)
FBT – National Tax Liaison Group – FBT Subcommittee Meeting
FBT – reform of the car fringe benefit rule ‘ Post implementation Review ‘ Department of the Treasury
FBT – reform of the car fringe benefit rule – Post implementation Review – Department of the Treasury