The exponential growth of AI has fundamentally changed workforces globally. For tax professionals, could AI be the best kept secret for improving efficiencies for all things compliance? In a post ...

This article explores when the otherwise deductible rule can be applied to reduce the taxable value of a fringe benefit. Employers will soon (if not, already) be reviewing records and arrangements to ...

Treasury Laws Amendment (Tax Incentives and Integrity) Act 2025, which includes the measure to extend the $20,000 instant asset write-off for small business entities by 12 months until 30 June 2025, ...

Set out below is a non-exhaustive list of examples of benefit arrangements which can fall within the ‘residual’ fringe benefit category: Hire cars: When an employer provides a hire car to an employee ...

Extreme weather. Mind-blowing technology. A global health crisis. Political upheaval. The 21st Century has provided no shortage of shocks—and we’re only a quarter of the way through. With the future ...

The Federal Court of Australia decision in Wollermann v Fortrend Securities Pty Ltd [2025] FCA 103 found that the non-payment and forfeiture of the deferred portion of certain cash-based incentive ...

rights to property (such as certain financial assets). The taxable value of a property benefit is determined by whether the benefit is an in-house property benefit or an external property benefit, and ...

In an engaging and thought-provoking session on the 2025-26 Federal Budget, PwC’s Tax Briefing explored critical insights into Australia’s current economic landscape, tax framework, and foreign ...

The Australian Prudential Regulation Authority’s (APRA) upcoming system-wide stress test presents a significant opportunity for Australian banks and superannuation funds to put processes, policies and ...

Now that the 2025 Fringe Benefits Tax (FBT) year has ended, we revisit the nuances between business travel, living away from home, and relocation. It is important to have a sound understanding of the ...

Fringe benefits tax (FBT) can be a complex web for not-for-profit (NFP) organisations. However, certain FBT exemptions and concessions are available where your NFP organisation meets the criteria of ...

Companies with a 30 June 2024 year end wishing to register research and development (R&D) activities for the R&D tax incentive must do so through the Department of Industry, Science and Resources ...