answered
Q: I am about to setup a Pty Ltd company (July 2017) and would like to know if my company can pay my residential rent. I can't seem to find anything online / ATO re this ?
A: Thanks Michael, I understand all that but depending on which accountant you speak with you will get a different answer. I have my company structure sorted, all I am trying to ask is somewhat of a simple question.
answered
Q: I am about to setup a Pty Ltd company (July 2017) and would like to know if my company can pay my residential rent. I can't seem to find anything online / ATO re this ?
A: Thanks for that. I know I can proportiion a percentage of my home office usage, but my question is specifically around my company paying my entire rent and if that will trigger FBT for either myself and/or my company. Additionally, how is the FBT to be calculated ? From a tax perspective, it may be beeter to pay the FBT. I would be a PAYG under my company.
I know an account can answer these questions; if I had one. I would ask them but since I dont as yet I thought I would pose the question here so an accounting could hopefully answer.
question
Q: I am about to setup a Pty Ltd company (July 2017) and would like to know if my company can pay my residential rent. I can't seem to find anything online / ATO re this ?
