Is Salary Packaging Dead?

31 Jul

Is Salary Packaging dead? An employment relationship exists where a person (the employee) performs work or services under certain conditions (usually governed by an employment agreement) in return for remuneration from another entity (the employer). The remuneration is generally in the form of salary, wages and superannuation. If the employee and employer agree, this remuneration […]

Fringe Benefits

31 Jul

Following on from our discussion on salary sacrificing, below is some detail on fringe benefits tax. What is a fringe benefit? A fringe benefit is a benefit provided by an employer (or an associate of the employer) to an employee (or and associate of the employee) in respect of the employee’s employment. A common scenario […]

Changes to activity statements (BAS & IAS)

17 Feb

The ATO have changed their policy relating to most BAS and IAS effective 1st July 2014. If you lodge your activity statement on paper you will continue to receive the paper activity statements until one of these are lodge electronically. Electronic lodgement can occur in several ways: through our tax agent portal; or through the […]