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Study and training loan repayment changes There have been a few changes and announcements on study and training loans of late and the ATO has provided an update of what is changing and when.  Retrospective indexation reduction
The HELP indexation rate will be changed to be the lower of either the consumer price index (CPI) or wage price index (WPI). The amending legislation, Universities Accord (Student Support and Other Measures) Bill 2024, passed both Houses on 26 November 2024, and awaits Royal Assent.
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What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay tax one way or another; it’s just a question of how.
If you structure your celebrations to avoid fringe benefits tax (FBT), then you normally can’t claim a tax deduction for the expense or goods and services tax (GST) credits. |
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