An organisation pays a lump sum car allowance to certain employees in relation to cars provided by the employer to the employee. Employees use car for business and private purposes. Are these allowances subject to PAYG withholding and how should they be shown for Payment Summary reporting purposes?
An organsation pays cents per KM car allowances in relation to business travel – what is required re PAYG Withholding and Payment Summary reporting?
Single Touch Payroll is coming. Last February, TaxEd hosted an online presentation by the ATO. This note provides an update on developments.
Effective 1 July 2017, what is the rate of withholding where a suppliers fails to provide an ABN?
With Payment Summary reporting obligations fast approaching, we set out below a reminder of the key rules regarding when (and why) superannuation contributions may need to be shown as Reportable Superannuation Contributions on employee payment summaries.
Payroll ‘ Can cars provided under novated lease financing arrangements be excluded fringe benefits for FBT reporting purpose?
Where an employee is provided with a car as part of their salary package, and the car is provided by way of novated lease arrangement, can the car be provided to another employee for private use at the employer’s direction so as to be a ‘pooled’ car?
This article looks at a private binding ruling that considers whether a person was an employee for purposes of the superannuation guarantee legislation. The ruling applied the common law concept of ’employee’ and the additional statutory test in s. 12(3) of the Superannuation Guarantee (Administration) Act 1992.
A recent NSW case is a reminder for Local Councils to ensure payroll exemption is being appropriately claimed.
Payroll Q&A ‘ Where a Councillor requests that amounts be paid to their Superannuation Fund should the amounts be shown as Reportable Employer Superannuation Contributions?
Where a Councillor requests that amounts be paid to their superannuation fund should the amounts be shown as Reportable Employer Superannuation Contributions?