FBT Solutions

02 8079 2924

Not for profits

2015 FBT Return Seminars

Preparing Your 2015 Fringe Benefits Tax Return seminars  http://tinyurl.com/lpr8sgt

Who should attend?

These full day FBT seminars are designed for people who are responsible for the preparation or review of the FBT return.

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2013 Salary Packaging Essentials seminars

We are running our popular Salary Packaging seminars in August & October as follows:

Sydney – Wednesday 14 August, 9am – 12.30pm, register here: http://tinyurl.com/ahzgehb

Brisbane – Tuesday 20 August, 9am – 12.30pm, register here: http://tinyurl.com/ahzgehb

Melbourne – Wednesday 9 October, 1.30pm – 5pm, register here: http://tinyurl.com/ahzgehb

Sydney – Wednesday 16 October, 1.30pm – 5pm, register here: http://tinyurl.com/ahzgehb

Some key salary packaging seminar highlights:

• Maximising the tax benefits from the family car

• Accessing the concessional FBT car parking rules without being locked in to a lease

• Understanding the significant tax savings when permanently relocating

• Strategies for cars that work

• Maximising the concession and exemptions

• Driving your policies to maximise employer & employee benefits

What you’ll get:

• Free access to our salary packaging calculator tool

• Our detailed salary packaging workbook with examples

• Free follow up query service • A full set of seminar notes

Who should attend?

If you’re responsible for salary packaging in your organisation, or just want to find out more about how it all works, then this seminar is a must attend. Whether you work in a non profit organisation, government or corporate entity (big or small), salary packaging will benefit your employees and your employer. Attendees include Payroll Managers and Staff, HR Managers and their teams, Finance personnel (accountants and AP staff) and Tax personnel. Register here: http://tinyurl.com/ahzgehb


Learn the compelling reasons for Salary Packaging at our half day Salary Packaging seminars in May & June. Understand the significant tax and other savings for both the employee and their employer, how to structure your salary packaging to be fully tax compliant with the correct policy and documentation requirements.

When and where are the seminars:

Sydney – Wednesday 29 May, register here:  http://tinyurl.com/ahzgehb
Melbourne – Wednesday 12 June, register here:  http://tinyurl.com/ahzgehb
Brisbane – Wednesday 19 June, register here:  http://tinyurl.com/ahzgehb

What we’ll cover:

• The new ATO view when salary packaging a laptop / Ipad / smartphone

• Salary packaging the family car to save thousands of dollars with no additional outlay

• Accessing the concessional FBT car parking rules for those working part-time or only requiring parking a few days a week, without being locked in to an annual lease

• Strategies for cars that work

• The new ATO requirements for car logbooks

• Understanding how to save thousands of dollars when relocating

• Maximising the concession and exemptions, whilst being fully compliant

• Adding up all the FBT, Payroll Tax, Work Cover and Superannuation savings

• Driving your policies to maximise employer & employee benefits

What you’ll get:
• Free access to our salary packaging calculator tool

• Our detailed salary packaging workbook with examples

• Free follow up query service

• A full set of seminar notes

What’s your investment:
• $330 including GST for new attendees

• Only $275 including GST for past attendees (and their colleagues)

• A CPD certificate will be provided

Who should attend?
If you’re responsible for salary packaging in your organisation, or just want to find out more about how it all works, then this seminar is a must attend.

Whether you work in a non profit organisation, government or corporate entity (big or small), salary packaging will benefit your employees and your employer.

Attendees include Payroll Managers and Staff, HR Managers and their teams, Finance personnel (accountants and AP staff) and Tax personnel.

Register here:  http://tinyurl.com/ahzgehb


Flying Doctors concerned about tax concessions

PUBLISHED: 17 Apr 2013 09:20:28 | UPDATED: 17 Apr 2013 11:51:29PRINT EDITION: 17 Apr 2013

Royal Flying Doctor Service of Australia boss Greg Rochford is one of many leaders in the charities sector waiting to see what will come of a Treasury consultation on proposals to overhaul some of sectors’s tax breaks. A consultation paper by Treasury’s not-for-profit sector tax concession working has suggested some of the existing tax concessions available to charities could be replaced with direct relief measures. Charities are awaiting the government’s response to their submissions to the consultation which closed four months ago. “A survey of 180 non-profits in March found over 90 per cent of respondents lacked confidence in the government to properly target discretionary support if the tax concessions were watered down,” said Paul Lyon a tax partner at BDO Australia which commissioned the research. Perhaps the most controversial idea canvassed was to raise the threshold for tax-deductible gifts from $2 to as high as $50, this met pushback from charities which are reliant on donations. One rationale for the proposition is that the overheads associated with raising small donations may outweigh the benefits for organisations. But for the Royal Flying Doctor Service of Australia many of the overheads associated with raising small donations are integrated with their general activities in the community. Supporting people who want to help but can only afford to make a small donation is important, said RFDS national chief executive officer Greg Rochford. “In a really tight health system, every cent helps.” Another area of concern to many of the charities that made submissions to the consultation were proposals to reduce some of the fringe benefits tax concessions available to individuals employed by charities. “As a big organisation that is not able to pay top dollar but needs to attract outstanding staff to remote locations it would be detrimental to the RFDS is it was to lose access to the full range of FBT benefits,” said Rochford. However he recognised there was a potential problem with some of the benefits, such as meal, entertainment and leisure cards, which do not currently have set limits. “While most employees in the charitable sector use these responsibly, there are cases where they have been abused and we accept it would be appropriate to have tighter controls in place,” said Rochhford. Of particular concern to Rochford though was another proposal to limit the ability of charities to get franking credits on their investments. After the major commercial players Qantas, Virgin, Jetstar and Tiger, the RFDS is the fifth biggest airline in Australia. Maintaining and replenishing its fleet of planes requires an enormous amount of capital infrastructure for a non-profit organisation to carry. “I’d be very happy to support a simplifying of the franking credits process, but would be very concerned if that led to a reduction in return on investments,” he said. STATUTORY DEFINITION OF A CHARITY Draft legislation for a statutory definition of a charity was released last week. “The meaning of charity and charitable purpose has not been previously comprehensively defined for the purposes of Commonwealth law,” said Assistant Treasurer David Bradbury. Eligibility for tax concessions is currently administered on the basis of principles derived from the common law, dating back to the Statute of Elizabeth of 1601. The government has said formalising the definition of a charity will result in no change to the charitable status or tax treatment of existing charities. Last week Treasury reversed an earlier decision not to give deductible gift recipient status to Primary Ethics, an organisation that provides ethics classes as an alternative to scripture classes for children in NSW schools. The proposed start date for the new statutory definition of a charity is January 1, 2014. Submissions close May 3. The Australian Financial Review


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