whether Cindy can take advantage of the CGT small business concessions to reduce the amount of tax payable September 12, 2016 Read More »
Critically discuss the whether capital gains should be subject to a 50% discount. September 12, 2016 Read More »
Advise ABC of its FBT consequences arising out of the above information, including calculation of any FBT liability, for the year ending 31 March 2016. September 12, 2016 Read More »
At the end of the year ABC hosted a dinner at a local Thai restaurant for all 20 employees and their partners. The total cost of the dinner was $6,600 including GST September 12, 2016 Read More »
Payment of Alan’s mobile phone bill ($220 per month, including GST). Alan is under a two-year contract whereby he is required to pay a fixed sum each month for unlimited usage of his phone. Alan uses the phone for work-related purposes only September 12, 2016 Read More »
Alan is an employee at ABC Pty Ltd (ABC). He has negotiated the following remuneration package with ABC September 12, 2016 Read More »
Two years ago Peta purchased a house in Kew. This house had two old tennis courts down the back which were in poor condition. September 12, 2016 Read More »
Payment of Alan’s children’s school fees ($20,000 per year). The school fees are GST free. ABC also provided Alan with the latest mobile phone handset, which cost $2,000 (including GST) September 6, 2016 Read More »
Advise ABC of its FBT consequences arising out of the above information, including calculation of any FBT liability, for the year ending 31 March 2016. Assume that ABC would be entitled to input tax credits in relation to any GST-inclusive acquisitions. September 6, 2016 Read More »
Alan is an employee at ABC Pty Ltd (ABC). He has negotiated the following remuneration package with ABC: • salary of $300,000; • Payment of Alan’s mobile phone bill ($220 per month, including GST). Alan is under a two-year contract whereby he is required to pay a fixed sum each month for unlimited usage of his phone. Alan uses the phone for work-related purposes only September 6, 2016 Read More »