Velocity Program Main Features

[NM]

From what I understood no agreement needed to be in place but for tax purposes if the fringe benefit received from ff points was greater than $1000 pa then it needed to be declared for tax purposes. I confirmed this with my accountant but from what I understand no-one declares the fringe benefit anyway.

I believe this is still valid and has not been superceded:

http://www.ato.gov.au/corporate/content.asp?doc=/content/mr9739.htm

 

[JohnK]

I believe this is still valid and has not been superceded:

http://www.ato.gov.au/corporate/content.asp?doc=/content/mr9739.htm

Thanks. Clears up the rule about FBT on ff points.

 

[thadocta]

ON QF.
Syd-Mel = 8,000 pts
8,000 pts = 8 x Syd-Mel flights (under 1,000 pts min guarantee) = $656

To be pedantic, for the more frequent flyers, Syd-Mel actually earns either 1,111 or 1,222 points (due to status credit bonus where 1 SC = 11 pts)!

I wish! The status bonus is applied to the base miles - SYD-MEL is 439 miles, so silver get a 110 mile bonus, gold get 220 and platinum get 439, taking the miles for the flight to 549, 659 aand 878 respectively. THEN the 1000 minimum kicks in, so all elites get 1000 for the flight.

Dave

 

[dajop]

I wish! The status bonus is applied to the base miles - SYD-MEL is 439 miles, so silver get a 110 mile bonus, gold get 220 and platinum get 439, taking the miles for the flight to 549, 659 aand 878 respectively. THEN the 1000 minimum kicks in, so all elites get 1000 for the flight.

Dave

I wasn't talking about the "status" bonus (25% for silvers etc) ... I was talking about the 450 status credits = 5000 pts bonus, I think they call it a "loyalty bonus".

So if I am flying MEL-SYD on a K class fare, I get 20 status credits, which effectively means I also get 20/250 * 5000 = 222 pts for those SC's, therefore I effectively get 1,222 pts for the flight (in J class 1,250 + 40/450 * 5000, or 1,694 pts). The only assumption made here is that you have to fly enough to eventually get to 450 status credits, which for frequent fliers is not too difficult.

 

[NM]

I wish! The status bonus is applied to the base miles - SYD-MEL is 439 miles, so silver get a 110 mile bonus, gold get 220 and platinum get 439, taking the miles for the flight to 549, 659 aand 878 respectively. THEN the 1000 minimum kicks in, so all elites get 1000 for the flight.

Dave, the bonus mentioned was not the normal elite status bonus, which as you say does not come into play for short flights. It is the proportion of the 5000 points given as a "loyalty bonus" for each 450 SCs earned. So if you earn 10 SCs on the MEL-SYD flight, that is one 45th of the way towards 5000 loyalty bonus points, and hence eventually will get you 111 more points.

 

[serfty]

So, travel MEL<>SYD in paid J and you may eventually get 1694 points for that journey!

 

[NM]

So, travel MEL<>SYD in paid J and you'll get 1694 points!

only if you do enough of them (or other flying) to achirve your "loyalty bonus" .

 

[icarus]

The same applies generally to business travel - unless you have a specific agreement with your employer, you can't use frequent flyer points accrued from work-related travel for your own personal use..

When I first started travelling for work 2 years ago it was one of the assistants that told me to join the qff program. I had no idea about ff programs. I had no idea that you could not accumulate ff points for business related travel and that you had to have an agreement with your employer. Ticket booked in your name so who cares whether a ff number is entered in booking or not. That was my thought.

Sorry if I wasn't clear. You can accumulate points, but strictly speaking at common law you cannot use them without your employer's consent. Of course, many employers couldn't give a rat's, and are happy for you to use them. Some private sector employers, however, would expect those points to be used for work travel. And in the public sector, it is considered misappropriation, because in effect those points were purchased by the taxpayer and are not part of a public servant's remuneration. I've seen disciplinary action taken over this, including dismissal, and and one matter referred to the AFP.

Most public sector agencies now have an arrangement where the airline does not award FF points at all for work travel and offers a minor discount instead. But at one time I had to monitor two separate FF accounts - one for points gained from personal travel, which I was allowed to use, and one for points gained from work travel, which I emphatically could not. It was a pain, and I lived in constant terror of the two getting confused.

 

[Groundfeeder]

I'm with you Icarus in keeping a serious eye on the two FF accounts. Been thru one audit so far which wasn't pleasant but I kept all my BPs etc for defence.

DJ has been heavily promoted by Premier Pete who encourages State public officers to use it as a first preference. However there has been little senior Govt executive usage for the previous reasons and as long as the fare is the cheapest (or refundable) we continue to use Qantas.

I used up Govt QFF points a few years back to show I wasn't hoarding and the only flight to CNS I could get in that manner was by way of Intl domestic connection with a heap of fr*gging around - certainly not efficient and convinced me not to go that redemption manner again.

Put the competitive offers on the table NOW DJ not reluctantly in 1 years time when the (govt) bums aren't on the seats like you thought.

 

[JohnK]

Sorry if I wasn't clear. You can accumulate points, but strictly speaking at common law you cannot use them without your employer's consent. Of course, many employers couldn't give a rat's, and are happy for you to use them.

Sorry if I touched a few nerves but that's what I was told.

Maybe a whole lot of hogwash but too late for me now as I no longer work for this company.

I am really sorry.

Anyone have a copy of diablo they would like to share with me :?: