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The ATO continues to focus heavily on Section 100A (reimbursement agreement) issues. Recent reviews show the ATO now expects a far higher standard of evidence that beneficiaries have received or [...]

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.

Knowing your business breakeven point allows you to make better plans and financial decisions for long-term sustainability.

Does your business have a corporate social responsibility (CSR) strategy?