Category: Business Tip
Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed.
Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land.
Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. We summarise the help available to those impacted by the bushfires.
As a small business owner, you may be aware that there have been several new measures introduced which will affect 2019 tax returns. In light of these recent changes, including an instant asset write-off announced in the new Federal Budget and increased compliance auditing from the ATO, we suggest getting help from a tax agentRead More »
There has never been a better time to launch your own business venture. Australian entrepreneurs and startups are making an impact on the global stage, and there are more resources and funding available than ever before to help you on your journey to establishing a successful business. In this month’s blog post, we offer 8Read More »
Today we’ve brought in a guest blogger – Melanie Brennan from BlueBee Social. She’s an expert in managing social media for businesses, and she has some great tips for keeping your small business’ social media activity on-track and effective. 1. Be where your customers are There’s no point spending time, effort and money on developingRead More »