In this issue of our Monthly Newsletter we examine the taxation of Employment Termination Payments (ETP). We take another look at Employee and Contractor definitions and the resulting obligations relating to Superannuation Guarantee and Pay As You Go witholding. The interesting concept of receiving financial advice from humans vs machines and complex algorithms ("Robo-advice") is explored. Furthermore, we discuss claiming GST credits for employee reimbursements and how being a "non-resident" makes a difference for tax treatment.
Click here to learn more in our May Newsletter