ATO Publishes FTC Manager Product Ruling

FTC Manager the first in Australia to receive ATO Product Ruling to protect fleet managers from overclaiming fuel tax credits. FTC Manager is a unique solution for businesses claiming fuel tax credits. Unlike other GPS-based FTC calculation systems, it operates exclusively using second-by-second high-definition GPS location data produced by hardware which is hardwired into customer […]

Annual Payroll Tax Return Lodgement & Compliance

Assistance with Payroll Tax Compliance Lodging an annual payroll tax return whilst preparing accounts for the financial year can be a daunting task.  PPM assists employers from a broad range of industries to meet their payroll tax obligations across all Australian States and Territories.  Our specialists assist with the preparation of accurate payroll tax returns […]

Payroll Tax Treatment of JobKeeper Payments

Under the Commonwealth’s JobKeeper Payment Scheme, qualifying employers can receive payments of up to $1,500 per fortnight for eligible employees. Such payments would normally attract payroll tax. As a relief measure, all jurisdictions have now introduced legislation to exempt or partially exempt these amounts. Please find below a table which sets out the current position […]

Do you need cash? EMDG might be your answer

Given the tough economic conditions most businesses are currently experiencing as a result of various COVID-19 restrictions, the catchcry ‘cash is king’ has never been more relevant.  With sales down and debtor payments slower than ever, Australian businesses need to be exploring every opportunity to generate and keep cash within their business. The Federal Government’s […]

Covid 19 Payroll Tax Relief

Small / Medium Businesses Large / All Businesses ACT Businesses with Australian wages of up to $10 million can defer their FY2021 payroll tax liability. Interest will only be applied if there is an outstanding deferred amount unpaid as at 1 July 2022. All businesses with operations directly affected by the ‘Prohibited Activities List’ will […]

Contractor Toolkit

PPM Tax & Legal has developed a contractor toolkit, which can be used by a tax team, project managers, site managers, HR department and others to identify whether they are engaging a genuine independent ‘contractor’ or an ‘employee’ for payroll tax, WorkCover, superannuation, FBT and PAYG withholding purposes. The toolkit consists of four components: Control […]