Salary sacrifice confidence returns to government employees

By Julian Bajkowski Australia’s leading provider of public sector salary packaging services, Smartgroup Investments, believes that business and employee confidence has bounced back following the Federal Election, with government car lessees now shopping around again. At a briefing in Sydney on Monday, Smartgroup chief executive, Deven Billimoria, said inquiry levels for novated vehicle leases from […]

Fleet managers warn of safety risks in FBT changes

By Julian Bajkowski The Australian Fleet Management Association (AFMA) has intensified its campaign against Canberra’s removal of longstanding concessions for new car buyers under the Fringe Benefits Tax (FBT) regime, warning the changes could undermine both fleet and road safety. The national group, which represents both fleet buyers and sellers, says surveys it conducted during […]

Auditor slams risky GST reporting systems

By Julian Bajkowski Legacy computer systems at the Australian Taxation Office that extract crucial reporting data on the Goods and Services Tax (GST) and Fringe Benefits Tax (FBT) have again been found to have serious shortcomings that pose a threat to the quality of data the taxman produces for the government. In a new report […]

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