FBT 2025: What You Need to Know – As FBT season approaches, businesses must stay compliant to avoid ATO scrutiny. Our guide covers key dates, focus areas, and essential steps.
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It is now time for business owners to turn their attention to their FBT exposure and establish a game plan to set yourself and your business up for success.
Whether you're a property owner, investor, or simply curious about the nuances of land taxation in NSW, this guide aims to provide you with a comprehensive overview of what land tax is.
The start of a new year often brings with it a sense of renewal and the chance to reflect on our aspirations and goals. Just as individuals set personal resolutions, businesses too can benefit from strategic planning.
It is now time for businesses to determine if they have an FBT exposure and if so start to collate the relevant information to complete an FBT return for the 2023 year.
If you haven’t already, it’s time to move to STP Phase 2 to stay compliant with the ATO.
From 1 July 2022 employers do not pay FBT on eligible electric cars.
By developing a business model, you are committing to planning – the basic foundations of a successful business. After all, ‘if you fail to plan, you are planning to fail’.
High levels of inflation will cause the transfer balance cap (TBC) to increase from $1.7 million to $1.9 million from 1 July 2023.
Saving money for a deposit continues to be one of the biggest challenges for first home buyers. To help you buy your first home, you may be able to access some of your super.
Land tax is an annual tax levied at the end of the calendar year on owners of land. There are of course exemptions for certain types of land owners, the most common being a person’s primary residence.
It is essential for business owner’s to actively manage their cashflow on an ongoing basis. It goes without saying that day to day decision making will be impacted by what cash is available.
Family trusts are commonly used to hold assets or operate a family business. Let's take a closer look at exactly what they are...
In the wake of the recent Optus cyber attack, the ATO and Australian Cyber Security Centre has outlined some important steps to help trustees keep their data safe.
I have been asked frequently of late, ‘is my money safe if the banks tank?’
On Tuesday 25 October 2022, the Federal Treasurer Dr Jim Chalmers handed down the the new Labor government's first budget. According to Dr Chalmers "is a responsible budget that is right for the times and readies us for the future"
With 30 November 2022 fast approaching, we strongly encourage all directors of Australian companies to apply for their director ID now.
Have you ever got to the end of the month, quarter or year and wondered ‘after all that hard work – where is the cash?
Don’t worry – you are not alone. We are here to help unpack ‘where the cash has gone’.
The 2021 federal budget introduced sweeping changes to superannuation, most of which have become law. Two major changes are now in force. We have outlined the changes below.
Do you have a standard of measurement to see how well you are performing in business? The questions you need to ask yourself are ‘what’ should I be measuring and ‘how’ should I be measuring them.
