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ATO Payroll process

2020-21 Personal – ATO Payroll Process Requirement Updates for All Businesses.

October 20, 2020

Home » 2020-21 Personal – ATO Payroll Process Requirement Updates for All Businesses. ATO Payroll process Updates After a shaky year due to the pandemic causing a full scale economic catastrophe globally, the Australian Government is slowly making the necessary adjustments to follow suit. These updates will reflect on processes applicable to tax cuts. Starting […]

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Is the work Christmas party subject to Fringe Benefits Tax? 1

Is the work Christmas party subject to Fringe Benefits Tax?

December 20, 2019

Home » Is the work Christmas party subject to Fringe Benefits Tax? Christmas parties are a great way to thank staff and clients for their time and support over the year. If you are hosting a function for your clients that require your staff to attend, remind your staff that this is a work commitment, […]

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fbt changes for taxis

FBT for taxis may soon include Uber and others

September 18, 2019

Finally, it looks like there will be a change to the Fringe Benefit Tax (FBT) relating to taxis. There has been confusion and frustration over whether employers are entitled to the FBT exemptions available to taxis when they use an Uber and similar ride-sourcing services. The ATO had previously confirmed that “taxi” only referred to […]

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education for BAS agents

TPB Review considers increasing the education requirements of BAS Agents

August 20, 2019

  This review has recently released its discussion paper before recommendations are made to the Government later in the year.   One of the consultation points is “Should the primary educational qualification for a BAS agent be increased to a diploma level qualification?”   The views of TPB are that amendments to lift educational standards […]

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SG and salary sacrifice

Loophole to close around Super Guarantee contributions and salary sacrifice

August 6, 2019

Finally, it looks likely that a loophole that allows employers to count their employees salary sacrifice amount towards employer SG contributions, will be closed.   Currently, employers can reduce their mandated SG contributions by counting an employee’s voluntary super contributions through Salary Sacrifice.   The amendment to the law, which was first introduced in 2017 […]

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casual employees

The Casual Conversion Clause and how it may affect your business

July 10, 2019

Are you aware of the Casual Conversion Clause and how it may affect your business? What is the causal conversion clause? The new casual conversion clause, which came into effect on 1 October 2018, addresses the obligations of employers who have casual staff working on a regular and systematic basis. This clause affects over 80 […]

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