FBT

When are employers entitled to claim a credit of GST when salary packaging?

Salary packaging allows employees to improve their net after tax position. Certain employers can offer salary packaging as a result of being FBT exempt. One question that needs to be considered in the design of any salary packaging offering is whether the employer is entitled to claim a credit of GST. Find out more in our article.

When are employers entitled to claim a credit of GST when salary packaging? Read More »

Stage 3 tax cuts: welcomed, but a sting in tail for salary packaging

Whilst the new proposed Stage 3 tax cuts will produce savings for most taxpayers, the changes will also have an unconsidered, but significant, impact for salary packaging and employees of FBT exempt and rebatable employers. Find out how you and your employees might be impacted by the upcoming changes.

Stage 3 tax cuts: welcomed, but a sting in tail for salary packaging Read More »

This article provides a general summary of the subject covered and cannot be relied upon in relation to any specific instance. It is not intended to be, nor should it be relied upon as, a substitute for professional advice. TaxEd Pty Ltd and any person connected with its production disclaim any liability in connection with any use.