If you are an income tax-exempt NFP, or have clients who are, you should be aware that FBT applies differently to entertainment benefits NFPs provide their employees. Download our article to find out more.
Tag: ATO
Payday Super Update
The ATO have issued Draft Practical Compliance Guideline PCG 2025/D5 to coincide with the enabling legislation for PayDay super being introduced into Parliament yesterday.
Division 7A and UPEs: How Bendel interrupted the status quo, what might happen post appeal, and where things are at in the meantime
An article outlining the ATO view on how Division 7A applies to UPEs, including: how the Commissioner’s position has changed over time; how the longstanding ATO approach was challenged by the AAT decision in Bendel; what might happen post appeal; and where things are at in the meantime.