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Tax and termination payments paid to employees – the intricacies and complexities

Tax and termination payments paid to employees – the intricacies and complexities

by Michael Doran | Jun 12, 2019 | Latest News

Do you handle termination payments for your organisation? Join Webb Martin Consulting, along with affiliates TaxEd on 19 June for a highly-requested webinar that will cover a range of topics: -Unused leave payments -Gratuities or golden handshakes -Redundancy payments...
Salary Sacrifice – Q&A – Termination related payments and salary sacrifice

Salary Sacrifice – Q&A – Termination related payments and salary sacrifice

by Michael Doran | Aug 5, 2018 | Practice Management

Question An employee is being terminated and it is proposed the following termination related payments will be made: Unused Annual Leave Unused LSL Payment in lieu of notice Gratuity Final pay up to termination date The employee wishes to salary sacrifice some or all...
Make yourself aware of these 2016/17 FBT Compliance Issues

Make yourself aware of these 2016/17 FBT Compliance Issues

by Michael Doran | Feb 16, 2017 | Latest News

With some significant tightening having been made to the FBT system for 2016/17, particularly in the area of salary packaging by concessionally taxed employers, it is useful to recap issues which employers will generally face when preparing the 2017 and future FBT...
So, an SMSF is a safe place to keep your assets – right?

So, an SMSF is a safe place to keep your assets – right?

by Michael Doran | Oct 19, 2016 | Financial Services

The Concern Until recently, it has generally been assumed that self-managed superfunds (SMSFs) are, as a practical matter, outside the ambit of payroll tax grouping. It largely followed that SMSF assets are beyond the reach of State Revenue Offices.  The recent...
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