Remuneration and employment taxes paper

Published on 07 Oct 05 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper looks at current and emerging issues in the area of employment taxes, including new rules that impact on employee share and option schemes. The topics covered include:

• deferred cash payments (including carried interests) - FBT, PAYG or CGT?
• work-related 'entertainment' for employees - do we need legislative change?
• reducing the taxable value of fringe benefits - managing the risks
• update on employee share and option schemes - impact of IFRS, payroll tax changes, new rollover rules on takeover/ restructure and new cross-border rules impacting inbound and outbound employees.

Author profiles

Sarah Bernhardt CTA

Sarah is a tax lawyer and accountant with more than 30 years' experience as a tax practitioner. She was a Partner for more than 19 years in the tax group at Allens and is now a sole practitioner with expertise in corporate, international and employment taxation (including employee share schemes and executive remuneration). Sarah is a member of the Law Council's Tax Committee and is also a former member of the advisory panel to the Board of Taxation. Academic Qualifications: • Bachelor of Commerce and Bachelor of Law, University of Queensland (B Com/LLB) Professional Designations: • Chartered Tax Advisor (CTA) • Chartered Accountant (CA) - Current at 25 August 2020

More by Sarah BERNHARDT

• Recent developments in thin capitalisation paper - 18-February-2015
• Employment taxation update including living away from home allowances and employment termination payments paper - 13-March-2013
• The new employee share scheme rules - How do they work paper? - 14-April-2010
• Taxation of employee share schemes – The current state of play paper - 15-July-2009
• TOFA - scope issues - what’s in, what’s not and core interactions paper - 07-February-2008
• The tax consequences of Employee share plans paper - 07-April-2006
• Using Employee Share Plans/Options to Attract and Retain Employees - Tax Issues seminar paper - 17-February-2004
• PAYG and partnerships: Allocating instalment income - 01-October-2000
• Partnerships and Service Trusts: Calculating and Allocating Instalment Income - 29-August-2000
• Current and Emerging Issues in Employment Taxes - 09-September-1999
• Current and emerging issues with the tax provisions - 25-May-1999

Click here to expand/collapse more articles by Sarah BERNHARDT.

Suzanne Holstein

Suzanne is a Senior Associate at Allens. - Current at 13 March 2013

More by Suzanne HOLSTEIN

• Employment taxation update including living away from home allowances and employment termination payments paper - 13-March-2013

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