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.
Late last year, legislative changes were made that exclude non-residents from accessing the main residence exemption. The retrospective changes directly impact foreigners and expats whose main residence is in Australia or overseas. We explore the impact.
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 »
The beginning of the new year is a chance for small businesses to reflect on the previous year’s achievements and areas which need improvement. The time to make new habits and set new goals for your business is now!
Being your own investment manager can be interesting and challenging at the same time if you just vaguely think about it. In order to start your Do-It-Yourself financial plan, you need to understand what steps you should do to simplify the investing plan without an advisor. Here are a few tips that we think willRead More »
People work hard to gain more money in order to save for their future home. However, for many younger Australian, apparently, it takes more than a hard work to pursue a house of their dream. Thankfully, the government recently released a program called the First Home Super Saver Scheme. This program allows people to saveRead More »