As the end of the year approaches, the ATO is reminding employers of their Fringe Benefits Tax (FBT) obligations when planning workplace celebrations, staff parties, events, and gifts. While many employers provide food, drinks, or small gifts during the festive period, some of these benefits may be exempt from FBT.
The ATO is highlighting the importance of payroll governance and reminding employers of their core responsibilities, including:
Pay as you go (PAYG) withholding
Single Touch Payroll (STP)
Fringe Benefits Tax (FBT)
Super guarantee (SG)
On 4 November, the Federal Government’s payday super legislation passed both houses of parliament. When payday super becomes law, you’ll need to pay your employees’ super at the same time as their salary and wages. What’s changing for employers From 1 July 2026 : You’ll need to pay your employees’ super at the same time as their wages or salary. Super funds must get employees’ SG contributions no later than 7 business days after payday. The super guarantee charge (SGC) will
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