fbt

  Over the calendar year 2018 there have been many notable tax and self-managed super developments. Apart from bringing news and updates to Tax & Super Australia members and many others, the newsroom page of our website can also serve as a litmus test for what matters most to the tax practitioner community (driven by

• 18 December, 2018

  A perennial tax topic that clients keep coming back to is claiming expenses for a car. The following notes summarise the most salient points for your clients when it comes to claiming a deduction for motor vehicle expenses. Key points to remind your clients about include: the way a claim is calculated depends on

• 5 December, 2018

  As readers may be aware, the Board of Taxation is undertaking a review of compliance costs associated with fringe benefits tax (FBT). The Board is now gathering evidence through online surveys with assistance from ORIMA Research, an independent research company. If you have received an email invitation from the ATO to complete the survey,

• 14 October, 2018

  It’s nowhere near Christmas yet (although a smattering of yule-infused ads have crept on to the TV), but in order to help practitioners get things right for their clients, and help them prepare for the inevitable FBT year end, the ATO has made known the fringe benefits tax issues that can benefit from a

• 3 September, 2018

  The Board of Taxation has recently announced that it is launching a comprehensive review to determine whether there are opportunities for compliance costs to be reduced that are associated with employer obligations under FBT. In order to understand the sources of compliance costs, the Board of Taxation (BOT) is conducting focus groups, online surveys

• 7 August, 2018