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?
If a former employee (along with other employees) was made redundant in July 2016 due to an organisational restructure, are they able to return to work for the same employer in the same tax year either as an employee or contractor?
Payroll Q&A ‘ How Will Employers Report Reportable Fringe Benefits Under the Single Touch Payroll (STP) Proposals?
How will employers report Reportable Fringe Benefits under the Single Touch Payroll (STP) proposals?