ATO/General

ATO/General

Salary Packaging

Special Edition

ATO/General, Charities, Eligibility, Public

Member Q&A: Will new activities jeopardise an NFP’s income tax exemption?

Question We are a not-for-profit (NFP) sports club. We currently self-assess that we are income tax exempt. We have the...

ATO/General, Charities, Eligibility, Public

The ACNC’s Charity Register review project: What do you need to know?

Almost 400 charities that failed to submit two or more ACNC Annual Information Statements (AIS’s) have lost their registration. In...

ATO/General, Charities, Public

Accepting cryptocurrency donations

It is becoming increasingly common for charities and not-for-profits around the world to accept donations in the form of cryptocurrency....

ATO/General, FBT, Public

Member Q&A – Providing temporary accommodation due to an employee’s relocation

Question We have a staff member that has been appointed to a new role. The staff member currently works in...

ATO/General, Eligibility, FBT, Public

What does a change of Government mean for TaxEd members?

With a change of Government comes new policies and the scrapping of policies previously announced under the former Government (which...

ATO/General, GST, Public

GST and the Margin Scheme – issues arising from the recent Landcom Case

On 9 May 2022 the Federal Court of Australia handed down judgment in the Landcom Case (Landcom v Commissioner of...

ATO/General, Payroll, Public

A successful claim for under award wage payments – how to treat?

A difficult aspect of employment is the unhappy ending. Occasionally cessation of employment will be followed by litigation regarding matters...

ATO/General, FBT, Payroll, Public, Salary Packaging

Reportable Fringe Benefits – preparing to report

As employers prepare 2021/22 FBT returns it is normal practice to simultaneously prepare Reportable Fringe Benefits data attributable to individual...

ATO/General, FBT, Public

The FBT car parking rules may be changing …. again!!

We issued a TaxEd Special Edition on 1 April 2022 (see here) drawing attention to the fact the car parking...

ATO/General, FBT, Public

No April Fool’s Day joke! FBT car parking rules to change again – what does that mean for you?

In November 2019 the ATO issued a draft ruling TR 2019/D5 outlining an updated view of the application of the...

ATO/General, FBT, Public

Employee COVID-19 testing expenses: Welcome tax relief confirmed

In our February 2022 TaxEd Update, we covered the tax issues related to employers providing or reimbursing costs related to...

ATO/General, FBT, Public

FBT and car parking: Be ready for 1 April 2022

We have previously focused on the Tax Office’s ruling TR 2021/2 (July 2021 Update and December 2021 Update) and particularly...