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 [...]
If you haven't already, this is your reminder that it's time to transition to STP Phase 2. Mandatory Phase 2 reporting is set to commence on 31 March '23.