The Commissioner of Taxation has issued tax determinations setting various rates and thresholds for the 2018-19 FBT year. This article summarizes the material.
What are the FBT implications of providing staff with a monthly allowance to acquire their own phone outright or on contract, for use in connection with their employment duties?
FBT Article – Does a section 57A employer ever pay FBT on non-salary packaged meal entertainment it provides to employees?
Some employers within the ambit of s. 57A of the FBT Act may be paying FBT when not required to do so.
The term ‘business premises’ is referred to within various provisions in the FBT Act and so an understanding of this term is highly desirable when determining your FBT obligations.
Do you have staff currently based overseas on a long term assignment? If so, they need to be informed about important proposed capital gains tax (CGT) amendments that could effect their entitlement to the main residence exemption.
How do you determine the lowest fee charged by a commercial car parking station for all day parking where the car park offers daily, weekly and other periodical rates?
We locate employees in remote locations, either permanently or on a living away from home basis. Due to the lack of mobile phone coverage, we require the employee to install a telephone land line in order that they can contact us and we can contact them. If we pay the employee’s phone bill will FBT […]