Category Archives: Rulings

FBT and Public Hospitals

FBT exemptions are amazing ways to reward employees. And one of the most used FBT exemptions relates to employees of public hospital. These employees can receive up to $17,000 worth of grossed up benefits. What does grossed up mean? That … Continue reading

Posted in FBT, Planning Idea, Rulings | Leave a comment

Super paid for the dead… Required by law???

What do you do regarding super payments if an employee dies? In ATO Interpretative Decision ATO ID 2014/31 the Commissioner considers whether you have SG obligations on salary and wages paid to an employee after they died. In this case … Continue reading

Posted in Rulings, Super | Leave a comment

Religious Practitioners and Fringe Benefits

Believe it or not, I get asked this question all the time so to save you asking me… Section 57 of the Fringe Benefits Assessment Act 1986 includes an exemption from Fringe Benefits Tax on benefits for certain employees of … Continue reading

Posted in FBT, Planning Idea, Planning Stuff, Rulings | Leave a comment

Tax, super and pizza – the perfect combination

Pop quiz: Are pizza delivery drivers, who are required to use their own vehicle and are just paid per delivery, employees for the SGAA? ATO Interpretative Decision 2014/28 says they are. It concludes they are common law employees as the … Continue reading

Posted in Cases, Rulings, Super | Leave a comment

GST and motor vehicles and incentive payments and fleet discounts and runout models and…

One of the more interesting GST cases in recent times is AP Group Limited v. Federal Commissioner of Taxation (2013) 214 FCR 301; [2013] FCAFC 105; 2013 ATC 20-417. The case considered a series of payments made in the motor … Continue reading

Posted in GST, Rulings | Leave a comment

Using imputations credits in an entity that does not have retained earnings

I have been asked a few times about using imputations credits in an entity that does not have retained earnings. Well there are a series of ways to do this. What people often try to do in the small end … Continue reading

Posted in Income Tax, Legislation, Planning Idea, Rulings | Leave a comment

“Excess GST”, “passed on”, “reimbursed”…

One of the best amendments to the GST Act ever was inserting a new Division, Division 142. This Division applies to tax periods starting on or after 31 May 2014. The object of Division 142 is to ensure that excess … Continue reading

Posted in GST, Legislation, Rulings | Leave a comment