How the JobMaker and Apprentice Scheme Works
By Darren Williams JobMaker Hiring Credit Scheme The JobMaker Hiring Credit scheme provides eligible employers with a wages subsidy payment of up to $200 per week in respect for each newly hired eligible employee. The payment amount varies depending on the age of the new employee as shown below: Age of eligible employee(at commencement of […]
Business Christmas Parties – What are the FBT/Tax Implications?
With the festive season upon us, businesses look at holding Christmas parties and providing Christmas gifts to staff. It should be noted when they are both provided to staff, the employer may be subject to Fringe Benefits Tax (FBT). A Christmas party is considered an “entertainment benefit” and to the extent that the expenditure relates […]
