Tag "Salary Packaging"

Salary Sacrifice Q&A – Bonus paid as superannuation contribution

Salary sacrifice of a proposed bonus into superannuation?.

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Salary Packaging Q&A ‘ Income protection and life insurance policy costs

If an organisation is planning to allow salary sacrificing for employees in regards to their income protection insurance and life insurance policy costs – will this result in a fringe benefit tax liability or is there a specific exemption that applies?

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Salary Packaging Article ‘ Superannuation guarantee salary sacrifice integrity measures introduced to protect employee entitlements

The Government has now tabled draft legislation to ensure employers cannot include salary packaged superannuation contributions to meet the employer SGC obligations.

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Salary Packaging Article ‘ Developments in STP and SGC

This article provides a ‘heads up’ on the roll out of Single Touch Payroll and proposed action on superannuation guarantee. It also briefly considers implications for directors of failure to make compulsory superannuation payments on time.

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Salary Packaging ‘ Safe Harbour for Sportsperson’s Image Payments

The ATO has issued a draft Practical Compliance Guideline on the extent to which it accepts that payments for use of sportspersons images can be made to third parties without the ATO taking issue. This article looks at the ATO’s proposed position.

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Salary Packaging Q&A ‘ salary packaging income protection insurance

An employer is considering allowing employees to salary package income protection insurance – what tax issues arise?

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Salary Packaging – Salary packaging of employee bus transport costs

Many employees catch public transport to work by way of train, tram (Melbournians) or bus. Home to work travel is private but is there any advantage in an employee salary packaging their public transport costs?

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Salary Packaging – The Commissioner’s view of meal and travel allowances for 2017-18

This article considers some taxation implications of certain allowances for meal and travel expenses paid to employees. In particular, it looks at the ATO’s recently issued tax determination of reasonable amounts for 2017-18 in relation to such allowances.

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Salary Packaging Q&A – Salary sacrifice of remote area accommodation contribution

An employee wishes to salary sacrifice their remote area accommodation contribution that we provide to him.                

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