Personal Income Tax

When Does Work Travel Qualify For Tax Deductions?

There’s a general assumption that employees whose work are deemed itinerant enjoy some degree of flexibility when it comes to tax laws concerning work travel claims.

Can Benefits from Loyalty Programmes Be Taxed?

With many companies vying for the same customers, customer loyalty programs with incentives have become the norm. Examples that easily come to mind include “Frequent Flyer” and “Fly Buy” programs that are set-up to stir customers into making recurring air travel through a particular airline.

Bitcoin: Australia’s Turn-Around on Digital Currency

The Australian Senate Economics References Committee has done a 360-degree turn on bitcoin. In a previous ruling a year ago, the Committee ruled that the crypto-currency is an intangible asset. The committee is now in support of labelling bitcoin as a regular currency, viable for goods and services tax (GST) purposes. (See the full Senate report here.)

Government’s About Turn on Backpacker Tax

The government’s plans to introduce a 32.5% tax on backpacker workers have hit the rocks after sustained pressure. Rather than the proposed 32.5% tax rate, holidaymakers will now be taxed at 19%, from January 1, 2017. One clause remains, however – holidaymakers will be taxed from the first dollar earned.

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02
Feb2015

Welcome to my blog

Welcome to my blog

02
Nov2016

Qualifications

Recently somebody asked me how many qualifications and post nominals I had. I replied that I don’t know – I’ve lost trac...

02
Nov2016

Ben, Have you invented any new words lately?

A correspondent has asked if I have invented any new words. Indeed I have. Procreastation: The tendency to put off doing...

02
Nov2016

Ben, what is the greatest waste of taxpayers money?

Thank you for asking this important question. The greatest waste of taxpayers money in history is without doubt the new...

02
Nov2016

Ben, What is the Mac tax? Is it federal or state?

Thank you for that interesting question. The Mac tax is a tax that is imposed neither by the federal nor the state gover...