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Stories that are tagged 'fringe benefits'

Australian Bankers Defend Tax Record

by Mary Swire,, Hong Kong

Wednesday, June 28, 2017

The Australian Bankers' Association has published a new report which it says shows that banks are among the highest corporate taxpayers in the country. Read Full Story


Australia Extends Due Date For SMSF Returns

by Mary Swire,, Hong Kong

Friday, May 12, 2017

The Australian Tax Office on May 11 announced that it is to extend the due date for the filing of self-managed superannuation fund annual returns for 2015-16. Read Full Story


Australian Tax Agency Explains Spouse Tax Offset Change

by Mary Swire,, Hong Kong

Thursday, February 23, 2017

The Australian Taxation Office has issued guidance on changes to the spouse tax offset that will enter into force on July 1. Read Full Story


Singapore Updates Fringe Benefits GST Guide

by Mary Swire,, Hong Kong

Friday, May 20, 2016

The Inland Revenue of Singapore has released an update to its guide on the goods and services tax treatment of fringe benefits. Read Full Story


Corporate Tax Hikes Lower Employee Wages: Think Tank

by Mike Godfrey,, Washington

Tuesday, January 19, 2016

The Fraser Institute, a Canadian think tank, has released a study that is said to debunk a long-held misperception in public policy debates about who ultimately bears the burden of business taxes. Read Full Story


NZ Says Employee Car Parks Excluded From Fringe Benefit Tax

by Mary Swire,, Hong Kong

Monday, November 30, 2015

New Zealand's Inland Revenue Department has clarified that the fringe benefit tax does not apply to car parking spaces provided to employees by their employers. Read Full Story


South Africa Consults Further On Retirement Tax Benefits

by Lorys Charalambous,, Cyprus

Monday, November 2, 2015

The South African National Treasury has released, for urgent consultation, amendments to provisions of the 2015 Taxation Laws Amendment Bill (2015 TLAB) that are intended to ensure the consistent tax treatment of all retirement funds, whether they are provident, pension, or retirement annuity funds. Read Full Story


Tax Contribution Of Australian Banking Sector Revealed

by Mary Swire,, Hong Kong

Friday, October 16, 2015

Banks paid AUD13.7bn (USD10.1bn) in taxes to Australian governments in 2014, more than any other industry, according to a new report by the Australian Bankers' Association. Read Full Story


Australian Bitcoin GST Exemption Proposed

by Mary Swire,, Hong Kong

Wednesday, August 5, 2015

A Senate Committee in Australia has released a new report that recommends that the Australian Tax Office should replace its ruling on the goods and services tax treatment of virtual currencies, such as Bitcoin, with a ruling that treats such currencies in the same manner as traditional currency. Read Full Story


KPMG Recommends Major Australian Tax Reform

by Mary Swire,, Hong Kong

Wednesday, July 29, 2015

Professional services firm KPMG has made more than 60 recommendations for reform of the Australian tax system, including an increased goods and services tax rate and base, and the linking of personal income tax thresholds to average full-time earnings. Read Full Story




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