17/08/2018: Small business tax concessions

  You may have heard all about the small business tax concessions, but do you know how you qualify for them and whether you’re making the most of the tax concessions available to you? Generally, your business would qualify as a “small business entity” if you have, or...

Newsletter – December 2018

December Newsletter Compensation for financial wrong-doings, such as has been uncovered by the Royal Commission, may still attract tax. And with any investment, there are taxation issues to consider along the way. We also look at the ATO’s use of “taxpayer alerts”,...

Newsletter – November 2018

Newsletter – November 2018 It’s nowhere near the end of the FBT year, but a third quarter check-up can give you the opportunity to clear up any compliance issues. And it’s a perennial question — how much do you need to retire? We look at the latest estimates....

FBT on work Christmas parties and gifts

Ahead of the holiday season, the ATO has reminded employers about the potential FBT implications of providing Christmas parties and gifts. When planning Christmas parties, the ATO says employers need to check how much it will cost and where and when it is held. This...