Taxable items
Page Content
The following checklist provides guidance on the payroll tax treatment of certain items based on the legislation in effect as at 1 July 2011. The list is current but may change in the future.
T = Taxable
F = Taxability to be determined in accordance with the Fringe Benefits Tax Assessment Act 1986 (Cwlth)
C = Taxable under certain conditions
E = Exempt
Accommodation
| F
|
Accommodation allowances
| C
|
Adoption leave
| E
|
Agency supplied staff
| C
|
Allowances
| C
|
Annual leave
| T
|
Annual leave paid on termination
| T
|
Back pay
| T
|
Benefits
| F
|
Board and quarters
| R
|
Bona fide redundancy payments (tax-free component)
| E
|
Bonuses
| T
|
Car allowances
| C
|
Car parking
| F
|
Clothing allowances
| T
|
Commissions
| T
|
Consultant’s fees
| C
|
Contractor payments
| C
|
Credit cards
| F
|
Debt waivers
| F |
Defence force payments
| E |
Directors’ fees
| T |
Dirt allowances
| T |
Discounted staff purchases
| F |
Education expenses
| F |
Employer-funded (pre-income tax) superannuation contributions
| T |
Employment agency personnel
| C |
Entertainment allowances
| T |
Footwear allowances
| T |
Fringe benefits
| F |
Gifts
| F |
Gross wages
| T
|
Health insurance
| F |
Holiday pay
| T |
Housing
| F |
Leave loading
| T |
Living away from home allowances
| F |
Loans (interest free/low interest)
| F |
Long service leave
| T |
Make up pay
| T |
Maternity leave
| E |
Meals
| F |
Meal allowances
| C |
Motor vehicles
| F
|
Motor vehicle allowances
| C
|
Options
| T |
Outworker payments
| C |
Overtime
| T |
Overtime meal allowances
| T |
Paid parental leave
| E
|
Paternity leave
| T |
Pay in lieu of notice
| T |
Piece-work payments
| C
|
Prizes
| F |
Professional advice
| F |
Redundancy payments
| C |
Reimbursements (business expenses)
| F |
Relocation payments
| F |
Rental subsidy allowances
| T |
Representation allowances
| T |
School fees
| F |
Shares or options granted or vested under an employee share acquisition scheme
| T |
Shift allowances
| T |
Sick pay
| T |
Site allowances
| T
|
Staff discounts
| F |
Subcontractors
| C |
Subscriptions
| F |
Superannuation contributions
| T |
Taxi fares
| F |
Telephone account payments
| F |
Termination payments - Accrued annual leave and long service leave - Employment termination payments - Bona-fide redundancy payments (income tax free component) - Bona-fide redundancy payments in excess of tax free component
| T
T (to the extent assessable income of the employee under the ITAA)
E T
|
Tool allowances
| T
|
Travel (free or subsidised)
| F |
Travel allowances
| C |
Uniform allowances
| T |
Vouchers
| F |
Worker's compensation payments
| E
|
< PREVIOUS
Shares and options
| Termination payments
|