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Following a recent high court decision, the Australian Tax Office (ATO) has made changes to the rules around the residency test for foreign incorporated companies.
There is a growing trend for food and hospitality businesses to utilise an employee’s personal credit card in the payment of everyday business expenses, in order to accumulate customer loyalty points through a customer loyalty program (e.g., Qantas frequent flyer points).
Payroll tax is levied on an employer by the relevant state revenue authority, in cases where an employer pays “taxable wages” over a certain threshold. As payroll tax is levied on a state by state basis, the rates and thresholds vary, however given recent harmonisation projects undertaken by the state...