As a result of the recent Uber Federal Court decision concerning what constituted ‘taxi travel’ for GST purposes, the ATO is reviewing its interpretation of what is considered a ‘taxi’ for FBT purposes.
Employees being reimbursed for up-front student contribution course fees. Otherwise deductible?
FBT Article ‘ can the reimbursement of an employee’s mortgage payment constitute an exempt living away from home accommodation benefit?
If an employee who is temporarily relocated for work purposes chooses to buy an apartment in the region they have been relocated to as opposed to renting, can the reimbursement of their mortgage payment be exempted from FBT on the basis it is expenditure incurred in respect of living away from home accommodation?
A question and answer regarding FBT implications on the sale of a previously leased Council vehicle to an employee.
The ‘payload’ or ‘carrying capacity’ of a vehicle simply means the maximum load your vehicle can carry as specified by the manufacturer.
Many organisations may have an employee, or employees that, as part of their duties, are required to work with children in some manner. It is a legal requirement for such staff to pass a ‘working with children check’.
The Commissioner of Taxation has recently issued an extensive draft ruling on the deductibility of travel expenses. When finalised the ruling will replace a number of existing rulings on the topic. This article gives an overview of the Commissioner’s approach. In Part II, some commonly encountered factual situations are considered.