What this Ruling is about 1. This Ruling sets out the tax consequences for employer clients of Shante Pty. Ltd., trading as National Salary Packaging (NSP), who provide their employees with an electronic travel smartcard (smartcard) for use on public bus transport. 2. Full details of this scheme are set out in paragraphs 8 to […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefits tax consequences for employers who take part in the scheme by EML Payment Solutions Limited (EML) whereby participating employees (Cardholders) use the Living Expenses Card facility (the Card) to acquire a Stored Value Prepaid Card (SVPC). 2. Full details of this scheme […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the tax consequences of using an access card to obtain car parking, the type of fringe benefit provided, and whether the fringe benefit is exempt. 2. Full details of this access card are set out in paragraphs 10 to 27 of this Ruling. Note: By issuing […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the circumstances in which the logbook report and the odometer reading report that the SmarTrak Aust Pty Ltd (PoolCar) booking system produces satisfies the legislative requirements for the purpose of calculating the taxable value of a car fringe benefit using the cost basis method. 2. […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefits tax consequences of employers providing their employees with the use of an electric bicycle (e-bike) under a salary packaging arrangement. 2. Full details of the e-bike scheme are set out in paragraphs 10 to 17 of this Ruling. Note: By issuing this Ruling, […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the tax consequences, for employer clients of Smartgroup Corporation Ltd, of recipient's payments made after the end of the fringe benefits tax (FBT) year, but prior to lodgment of the FBT return. 2. Full details of this practice are set out in paragraphs 20 to […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefits tax consequences of employers providing their employees with the use of an electric bicycle (e-bike) under a salary packaging arrangement with E-stralian Pty. Ltd. (E-stralian). 2. Full details of the e-bike scheme are set out in paragraphs 11 to 18 of this […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefits tax consequences of employers providing their employees with the use of an electric bicycle (e-bike) under a salary packaging arrangement with Urban Mobility Pty Ltd (Urban Mobility). 2. Full details of this scheme are set out in paragraphs 12 to 19 of […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefit tax consequences for employers who engage the services of EFM Corporate Pty Ltd (EFM) to provide health and fitness equipment to their employees. 2. Full details of this scheme are set out in paragraphs 10 to 28 of this Ruling. 3. All […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the Commissioner's opinion on the fringe benefits tax (FBT) consequences for employers providing their employees with access to Totium Pty Ltd's (Totium's) The Exec Check program. 2. Full details of this scheme are set out in paragraphs 7 to 21 of this Ruling. 3. All […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out when the Toyota Halo system that is offered by Toyota Motor Corporation Australia Limited (Toyota Australia) can be utilised to reduce the operating costs in both a logbook and non-logbook year for the purpose of calculating the taxable value of a car fringe benefit using […]
Learn MoreWhat this Ruling is about 1. This Ruling sets out the fringe benefits tax (FBT) consequences for employers who use the Toll Reporting Module within the Logbook Me Pty Ltd (LBM) logbook solution to report and reconcile toll expenses incurred by their employees. 2. Details of this scheme are set out in paragraphs 11 to […]
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