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Keeping business owners up-to-date and aware. From crucial business information hitting the headlines to shared business expertise on a wide range of areas. Take a break and read on.

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Understanding Fringe Benefits Tax (FBT)

Who pays FBT?

The employer is responsible for paying FBT, and it is based on the taxable...

The Benefits of Electric Vehicles for Business

Fringe Benefits Tax

Fringe Benefits Tax (FBT) is a tax paid by employers on non-cash...

Federal Government Stage 3 Tax Cuts – What Changes for You?

The below table is a summary of the changes, compared to Scott Morrison’s original stage...

NSW State Budget 2023/24

Tax Reform

  • Stamp duty exemption for Electric Vehicles and hydrogen fuel cell vehicles...

What is Land Tax? The Details & State Thresholds

What is Land Tax?

Land tax is an annual state-based tax charged at the end of each...

Tax Changes 2023 & 2024 for You and Your Business

Individuals

  • Whilst the tax rates for both residents and non-residents remain unchanged,...

Adjusted Taxable Income & Income Tests

Taxable Income vs Adjusted Taxable Income

It’s important to understand the difference...

2023-24 Key Dates for Common Lodgements

Single Touch Payroll (STP) Finalisation / Payment Summary

  • Lodge / finalise by 14 July

Federal Budget Big Picture 2023/24

Australian Economic Outlook

Treasury is forecasting economic growth to slow to 1.5% in...

Federal Budget Tax Impact 2023/24

Instant Asset Write Off

With the Temporary Full Expensing measures legislated under the...

Single Touch Payroll Finalisation Processes for the 2023 Financial Year

End Of Financial Year STP Finalisation Process

Xero, QuickBooks and MYOB all have their...

Inflation Rate & Business Review - Costs vs Revenue

Inflation - What is going on?

Australia's inflation rate as at January 2023 is at 7.4%....

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