From PhilanthropyWiki
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Guide: | This page is intended as a basic practical guide. We recommend you seek appropriate professional advice before acting upon it. |
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| Title:
| Collection of donations on behalf of employees: workplace giving versus salary sacrifice arrangements
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| Prepared By:
| Cheryl Van Der Hor for Philanthropy Australia
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| Focus:
| Fringe Benefits Tax, workplace giving, salary sacrifice
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| Date:
| April 2009
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| Publisher:
| Philanthropy Australia
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| Download:
| Download in PDf format
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At the Corporate Network meeting of 11 March 2009 there was discussion and concern raised regarding FBT implications of employee salary sacrifice deductions for donations to the Bushfire Appeal. Philanthropy Australia has undertaken further research on the matter and prepared for your information a brief overview of the issue and some practical guidance for minimising any FBT implications whilst providing a process for your employees to assist bushfire victims.
We gratefully acknowledge Bentleys for undertaking an independent review of this document, however note that the information cannot be relied upon as advice. If you require formal advice on this matter, please contact your taxation professional.
Download in PDF format
