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 [...]

If you are considering Christmas presents for your staff or clients this year, the below table summarises the FBT, income tax and GST consequences: Type of Gift Gifts to employees and [...]

As we approach the close of 2024, it’s time to reflect on the year that was and get ready for the opportunities and challenges of 2025. Whether you’re wrapping up projects, reviewing financials, [...]

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 [...]

Tired of paying rent for your commercial premises and considering buying a premises for your business?

Small businesses can get a tax break of up to $20,000 if they make their operations more energy-efficient.

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

Are you looking to purchase assets for your business? Eligible businesses can spend up to $20k per asset and immediately claim the tax deduction and GST.

With the ATO shifting its focus on taxpayers with outstanding tax lodgments and debts, find out how to avoid being penalised at the increased penalty rates in 2023–24.

Are you ready for TPAR? Update your supplier information now in preparation for your taxable payments annual report lodgement by 28th August.