Reminder of the potential fringe benefits tax (FBT) implications for celebrating with employees this festive season. FBT obligations depend on the amount spent, when and where a party takes place, who attends and the value and type of gifts given.
From 1 November 2019, you must claim fuel tax credits for fuel used to power passenger air conditioning units (for example in commercial buses and coaches) at the rate for ‘heavy vehicles for travelling on public roads’.
Check if you need to report payments you made to contractors to the ATO in a Taxable payments annual report (TPAR) by 28 August 2019.
Fuel tax credit rates increased on 5 August 2019 in line with fuel excise indexation.
Did you know, you may be able to claim a deduction in your 2019 tax return for assets you bought for your business in the 2018-19 financial year?
Everyone wants a great tax refund (or the lowest tax to pay). We’re here to help you claim every last dollar you can, by working for you, not Mr Taxman. Here are 4 key essentials to get you started.
Another financial has finished! As a business or farm owner, there are many obligations you need to consider and action just before and after 30 June.
Another financial year dawns and already we’re inundated with changes to tax, superannuation and payroll. From tax concessions to a super overhaul, plus changes to the minimum wage and child care subsidies, use this guide to help you get across everything you need to know.
