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fringe benefits News




Australian Bitcoin GST Exemption Proposed

by Mary Swire, Tax-News.com, 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, Tax-News.com, 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

 


Australia Legislates For SME Tax Cuts

by Mary Swire, Tax-News.com, Hong Kong

Thursday, June 25, 2015

The Australian Government has introduced legislation to implement a small business "tax discount" and a new deduction for start-up expenses. It will also reduce red tape within the fringe benefits tax system. Read Full Story

 


Australia's Tax System Inhibits Growth, IPA Says

by Mike Godfrey, Tax-News.com, Washington

Friday, June 12, 2015

"Australia's current tax system inhibits growth and stifles entrepreneurialism and innovation," Andrew Conway, the Chief Executive of the Institute of Public Accountants, has said. Read Full Story

 


Australia Engages Public On Tax Regime Overhaul

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 31, 2015

Australian Treasurer Joe Hockey has published Re:think, a discussion paper that marks the launch of the long-awaited Tax White Paper process. Read Full Story

 


Small Firms Call For Oz Tax Cuts

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 24, 2015

The Council of Small Business Australia has called for company tax cuts for small businesses and changes to the fringe benefits tax. Read Full Story

 


Australia's Small Firms Call For FBT Reform

by Mary Swire, Tax-News.com, Hong Kong

Monday, February 16, 2015

The Council of Small Business Australia has called on the Government to remove the Fringe Benefits Tax on childcare and health services for the employees of small businesses. Read Full Story

 


Australian Chamber Releases Pre-Budget Submission

by Mary Swire, Tax-News.com, Hong Kong

Monday, February 9, 2015

The Australian Chamber of Commerce and Industry has said that the upcoming federal Budget should include no new taxes, but instead ease the high personal tax burden and deliver on the promised 1.5 percent company tax cut for all firms. Read Full Story

 


Philippines Business Group Recommends PIT Reforms

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 14, 2015

The Tax Management Association of the Philippines is proposing that personal income tax-exempt thresholds and tax brackets should be overhauled. Read Full Story

 


Philippines Expands De Minimis Tax Benefits List

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, December 30, 2014

The Philippines Government has expanded the list of "de minimis" benefits that are exempt from fringe benefits tax, adding benefits under collective bargaining agreements and productivity incentive schemes. Read Full Story

 

 

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