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Compliance

Home » Compliance
 WHAT TO KNOW ABOUT FRINGE BENEFIT TAX
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By administrator
In Business, Compliance, FBT, Fringe Benefits Tax, General Information, Tax
Posted February 18, 2025

WHAT TO KNOW ABOUT FRINGE BENEFIT TAX

Fringe Benefits Tax (FBT) is a tax that employers pay on certain non-cash benefits provided to employees (or their associates, such as family members) instead of salary or wages. It is separate [...]

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 Guiding You Through Final Tax Returns: Expert Help for Deceased Estates
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By Linsey Jenkis
In Compliance, Deceased Estate, Estate Planning, Financial Planning, General Information, Tax
Posted October 1, 2024

Guiding You Through Final Tax Returns: Expert Help for Deceased Estates

Losing a loved one is an incredibly difficult experience, and managing their final affairs can feel overwhelming. At Kennedy Cross, we understand the emotional and logistical challenges you’re [...]

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 Consequences of Non-Compliance: Failure to Apply for a Director ID
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By Linsey Jenkis
In Compliance, Director ID, General Information
Posted February 22, 2024

Consequences of Non-Compliance: Failure to Apply for a Director ID

We have received an important update from the Australian Business Registry Services (ABRS) regarding director identification numbers (director ID), and we want to ensure that you are [...]

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 Privacy Act to Include Small Businesses
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By Linsey Jenkis
In Business, Compliance, Future-Proofing, General Information, Small Business
Posted January 31, 2024

Privacy Act to Include Small Businesses

The Privacy Act is changing, and this means small businesses making less than $3 million a year, which didn't have to follow certain privacy rules before, now have to.

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 Understanding Changes in Workplace Laws for Small Businesses
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By Linsey Jenkis
In Business, Compliance, Small Business
Posted January 31, 2024

Understanding Changes in Workplace Laws for Small Businesses

The Closing Loopholes Bill in Australia introduces notable changes to employment laws.

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 Payday Super Implementation Delays
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By Linsey Jenkis
In Business Planning, Compliance, Small Business, Superannuation, Superannuation Guarantee
Posted January 31, 2024

Payday Super Implementation Delays

The Australian Treasury has released a consultation paper outlining the government's plan to legislate for employers to pay their employees' Superannuation Guarantee contributions on the same day [...]

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 Stage 3 Tax Cuts Plan
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By Linsey Jenkis
In Accountancy Services, Compliance, Tax
Posted January 31, 2024

Stage 3 Tax Cuts Plan

Australian Prime Minister Anthony Albanese has unveiled comprehensive changes to stage three tax cuts, aiming to provide "broader and better" outcomes for all taxpayers.

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 ATO Debt Recovery and Director Penalty Notices
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By Sammy Armstrong
In Compliance, Tax
Posted September 26, 2022

ATO Debt Recovery and Director Penalty Notices

During the early days of COVID-19, the ATO shifted its focus away from debt collection action to help businesses and the community experiencing challenges because of the pandemic. Recently, the [...]

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