Our client is a share trader. Can he adopt either cost or market value for his closing share trading stock on hand?

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What is the total salary sacrifice we can claim in relation to gross wages for all staff? Would salary sacrifice result in reduced requirement for child support?

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The infrequent and minor benefits provided to employees are exempt from FBT. Are they tax deductible?

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Employees of a local hotel are all casual. They work various hours during the week. Some are rostered to work on Saturdays and Sundays. Under their award, there is a penalty for Saturday and Sunday work of 150% which is the same as overtime.Should this penalty be dealt with as overtime (i.e. no super guarantee) or should it be deemed as a penalty and super paid on the amount?

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I have some questions relating to the provision of laptops to employees under a salary sacrifice arrangement. My questions are:1. Since laptops are FBT exempt, is the employer able to claim the GST on the purchase? 2. How would the purchase transaction be recorded? Should it be reflected as part of the salary deduction? 3. Would the cost of the laptop be reported on the employee’s year end payment summary?

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We are a motor vehicle dealership. If we were to fly a prospective buyer to the Sydney Motor Show for the day with one of our sales consultants, is GST applicable on the airfares, meals, taxis, etc? Or is it treated as non-deductible/non-GST expense? (i.e. an entertainment type expense).

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