年底税务知识分享-FBT,Salary Packaging or Salary Sacrifice-(6)常见Exempt Items篇

玎珰

simonwang 发表于 2012-11-19 14:12
No, you can.

Costs incidental to the sale and/or purchase of a house are stamp duty, advertising, ...

谢谢你的回复。我又仔细查了查 是要在参加新工作之后的两年内卖掉旧房的。 http://www.ato.gov.au/businesses ... amp;page=26&H26

If the employee doesn't sell their old dwelling within two years after the day of commencing their new employment position, the benefit will become FBT liable in the year of tax in which the two year period expires.

Example

    'Frances' was required to relocate from Geelong to Ballarat in order to perform her duties as a police officer. She commenced her duties in Ballarat on 1 January 2007.

    Frances purchases a new house in Ballarat on 12 February 2007. Her employer pays the conveyancing costs associated with the purchase of the new house on 16 February 2007.

    Frances fails to sell her home in Geelong by 2 January 2009. The conveyancing costs paid by Frances' employer are exempt at the time they are provided. However, as Frances did not sell her dwelling within two years after the day of commencing her new employment position, the benefit provided on the 16 February 2007 will now become FBT liable in the 2008-09 FBT year.

simonwang

Did you 卖房子 or 买房子.

You said 买房子, then it's four years. If 卖房子, then it's two years.

footprints

simonwang 发表于 2012-11-19 13:09
It depends on your employer. Need to check with HR or payroll. Not every employer can do salary pa ...

Is that the employer must be non profit organisation, hospital, charity?? Or any organistaion allow to do so too?

simonwang

footprints 发表于 2012-11-19 17:29
Is that the employer must be non profit organisation, hospital, charity?? Or any organistaion allo ...

Non profit organisation can salary package credit card, mortgage, etc.. Others can't do these items but have other options.

玎珰

simonwang 发表于 2012-11-19 15:18
Did you 卖房子 or 买房子.

You said 买房子, then it's four years. If 卖房子, then it's two years. ...

再买新房 但不卖以前的房子

这样呢

他乡是故乡

Siva 发表于 2012-4-14 15:21
期待坑5和6，甚至7啊
我的雇主属于charity类别的。我们平时工资不高，就指望能够package的部分返回一些现金 ...

同感
Salary Packaging就是ato鼓励消费，让我们帮忙为GDP做贡献。而且参加后还不能说退出就退出，要看相关规定的，还要给手续费。
因此参加前要考虑个人情况是否真的适合。而且今年的免税额还提高到了$18,200，真要算清楚能省多少税才做决定。

simonwang

玎珰 发表于 2012-11-20 11:38
再买新房 但不卖以前的房子

这样呢

Refer to level 91. It is four years if you purchase.

simonwang

Not really agree with "Salary Packaging就是ato鼓励消费". You package whatever you need to pay, no need to spend extra.

玎珰

simonwang 发表于 2012-11-20 12:28
Refer to level 91. It is four years if you purchase.

你好 能帮我看看这个列子吗  最后一句话 我不是很懂  the benefit provided on the 16 February 2007 will now become FBT liable in the 2008-09 FBT year.


Example

    'Frances' was required to relocate from Geelong to Ballarat in order to perform her duties as a police officer. She commenced her duties in Ballarat on 1 January 2007.

    Frances purchases a new house in Ballarat on 12 February 2007. Her employer pays the conveyancing costs associated with the purchase of the new house on 16 February 2007.

    Frances fails to sell her home in Geelong by 2 January 2009. The conveyancing costs paid by Frances' employer are exempt at the time they are provided. However, as Frances did not sell her dwelling within two years after the day of commencing her new employment position, the benefit provided on the 16 February 2007 will now become FBT liable in the 2008-09 FBT year.

他乡是故乡

mark
好好学习

simonwang

She commenced her duties in Ballarat on 1 January 2007 so that is when the time counts.

Purchase of the new house on 16 February 2007 so the purchase was well within four years limit. The employer can offer tax free allowance to the emeployee or allow the employee to salary package associated costs.

However, the employee fails to sell her home in Geelong by 2 January 2009, that means the sales will not meet 2 years condition. The employer still can offer the allowance to the employee but it will be subject to FBT. Similar to this, no point of allowing the employee to salary package.

The last sentence is a rare case and it basically means the pre-condition of certain benefits may get you sometime later. Hard to admin but it really exists. The benefits was exempt in 2006/2007 year but became FBT taxable in 2008/2009 year. But, how can ATO tell.....................

simonwang

BTW, In-house Benefits is gone...............

cinziacyc

simonwang 发表于 2012-11-19 12:06
Self-education meets the condition of otherwise deductible rules: you can go at tax return time or ...

这个满足条件的学费实际上也可以在7月份报税时进行税前抵扣，所以和salary sacrifice一样，我理解的对吗？

william.wangzy

实用学习贴

maggiezhu99

M

simonwang

cinziacyc 发表于 2012-11-20 21:22
这个满足条件的学费实际上也可以在7月份报税时进行税前抵扣，所以和salary sacrifice一样，我理解的对吗 ...

Yes, for otherwise deductible rules, the benefit of salary packaging is that you can get time value of the saving and, if any, you can get GST back via employer.

zwwcs

Mark

ah64longbow

simonwang 发表于 2012-4-22 21:25
如果salary package 同一份mortgage， 会导致第二份invalid，因为你一旦package了，这mortgage的法律上的 ...

一份mortgage好几十万的，一个salary package顶多16000，两份SP也不会达到这个数呀，为什么不行呢？？那我已经这么做了怎么办？

simonwang

ah64longbow 发表于 2013-2-20 21:49
一份mortgage好几十万的，一个salary package顶多16000，两份SP也不会达到这个数呀，为什么不行呢？？那 ...

It is not the mortgage you can salary sacrifice but the mortgage repayment. If your employer pays pre tax dollar back to you simply because you have a mortgage, the payment will be salary or wage that must be subject to PAYG. What you can salary package must be a benefit, instead of salary or wage.

Most families' mortgage repayments are under &16050*2=$32,100 so you really can't package the same mortgage repayment twice. However, in case it is more than $32,100, sure you then can package under two employers at the same time.

ah64longbow

simonwang 发表于 2013-2-21 10:59
It is not the mortgage you can salary sacrifice but the mortgage repayment. If your employer pays  ...

Let me put it this way, if ATO requests evidence, all I need to do is prove that the amount i packaged is less or equal to the repayment, doesnt matter how many SP arrangements i have?

simonwang

ah64longbow 发表于 2013-2-22 21:42
Let me put it this way, if ATO requests evidence, all I need to do is prove that the amount i pack ...

Yes, but it seems not what you have now, based on what you said before.

Mr.Yuan

不错 长知识了

妹妈妈

有用，学习了

senawong

学习一下

yiliangx

楼主太厉害了，收了，顶。

zyddx

学习了

emma8512

翻到楼主旧帖了，想请问一下，假设年收入5w+，如果包装个2k的电脑，是可以省600多的个税么？还有公司不想注册FBT, 如果都是包装exempt的FBT的话，是不是可以一直不注册不报FBT呢？谢谢啦~

simonwang

emma8512 发表于 2016-2-11 13:55
翻到楼主旧帖了，想请问一下，假设年收入5w+，如果包装个2k的电脑，是可以省600多的个税么？还有公司不想注 ...

Tax Saving = $2000/(1-34.5%) - $2000 = $1,053, 折成税后的saving是690。

Exempt benefits不属于Fringe benefits。所以如果雇主只是提供exempt benefits，不用register for FBT。

emma8512

simonwang 发表于 2016-2-12 09:52
Tax Saving = $2000/(1-34.5%) - $2000 = $1,053, 折成税后的saving是690。

Exempt benefits不属于Fring ...

谢谢啦~不好意思还不能加分