Employers and Salary Sacrifice Agreements. A MUST READ If you’re an employer with employees under a salary sacrifice agreement. Super guarantee payment is calculated on your employees reduced salary The amount of SG your must pay your employee is worked out on the employees ordinary time earnings. When the employee enters into a salary sacrifice […]
Category Archives: Tax
The carbon charge has been removed for fuel acquired from 1 July 2014. This means fuel tax credits will either increase for many off-road activities or no longer be available for non-transport gaseous fuels used in specific agriculture, fishing or forestry activities. Click HERE for the new rates. Fuel tax credits – changes from […]
02
Jul
Jul
Diesel fuel rebates will be changing from July 1st 2014. Be prepared and claim the correct amount.https://www.ato.gov.au/Business/Fuel-schemes/In-detail/Fuel-tax-credits—for-GST-registered-businesses/Overview/Fuel-tax-credits—changes-from-1-July-2014/?anchor=table1fueltaxcreditratechanges#table1fueltaxcreditratechanges
02
Jul
Jul
The Fair Work Commission has announced a 3% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2014. The increase only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement. […]
