A Comprehensive Guide to Acquisition Requirements and Enterprise Considerations Fuel tax credit may be given to a taxpayer for the fuel tax (exciseor customs duty) paid, where the tax payer has acquired fuel. Thefuel will need to be used in machinery, plant, equipment...
FBT is applied to non-salary benefits that employers may provide totheir employees or their employees’ associates (such as familymembers): These fringe benefits commonly include cars, loans,entertainment expenses, or housing. FBT is generally calculated on the...
Trust Structure Analysis and Taxation Implications It is a common transaction to want to subdivide property. Ideally this can be done with minimal tax consequences. Here is a breakdown of one way one might subdivide ‘Greyacre’ into its parts...
Analysis of CRC Programs and R&D Tax Incentive This article looks at s355-580 of the Income Tax Assessment Act 1997 (“Cth”) which relates to Cooperative Research Companies and their eligibility for the R&D Tax Incentive. Further to what...
10 Things I Hate About Your R&D Claim The Australian Government offers a generous incentive for Australian companies to conduct R&D activities in Australia. The ATO can refund up to 45% of your R&D expenditure. Such an attractive proposition leads many to...
Payroll Tax Payroll Tax and Healthcare Clinics RevenueSA have announced a payroll tax amnesty for medical clinics in South Australia. Medical centres around Australia have been put on notice since the release of the judgement in Thomas and Naaz Pty Ltd v Chief...
