Do You Obtain Labour Services for your Client?

The Chief Commissioner has been auditing companies that provide labour hire services and issuing payroll tax assessments for their subcontracting arrangements. Head contractors or employment agents that obtain the services of subcontractors for their client may be...

No travel deductions for rental properties

From 1 July 2017, travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. However there are some exemptions. The travel expenditure is also not recognised in the cost base...

Fringe Benefit Tax exemption for commercial vehicles

Fringe benefits tax (FBT) is a tax employers pay on certain benefits they provide to their employees – including their employees’ family or other associates. The benefit may be in addition to, or part of, their salary package. Generally, a fringe benefit arises where...

Accessing company information and resolving disputes

Who can access company information? How can it be accessed? What to do when there are issues / disputes arise with accessing information? Under Australian corporations’ law, companies are required to retain and make accessible certain records of company activity,...