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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, […]
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 […]
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 […]
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 […]
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 […]
The national minimum wage increased by 3% from 1 July 2019 to $19.49 an hour which, according to the Fair Work Commission, will affect over 2 million workers. Who does it apply to? It applies to: all modern awards for employees on minimum wage; and the national minimum wage for award free employees. This […]