As the end of March approaches, so does the conclusion of the Fringe Benefits Tax (FBT) year. With the Australian Taxation Office (ATO) predicted to scrutinise fringe benefits more closely,
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Being a successful business owner requires continuous learning and development. Business workshops are a powerful platform for business owners to enhance their knowledge, network with like-minded individuals and develop essential
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Treasurer Jim Chalmers presented the Labor governments 2023-24 budget last night. At the heart of the budget, the low-income earners of Australia were earmarked as there was a focus on
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The ATO is currently owed around $66 billion. Nearly all of this amount is validly owed to the ATO – that is it is undisputed. It simply has not been
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Did you know that you can be liable to make superannuation contributions on behalf of people that are not your employees? This can be so even if a person describes
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There are almost 3 million companies in Australia and many are used by small businesses to trade and for others, companies act as a trustee for a discretionary family trust
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What is Single Touch Payroll Phase 2? In the 2019-20 Budget, the Federal Government announced that they would be expanding Single Touch Payroll (STP). This expansion, known as STP Phase
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The Tax Office recently made an important change to the way many people will claim a tax deduction for working from home. For the current year of income, and future
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For Your Business Superannuation guarantee increase to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5% on 1 July 2022 and will continue to increase by 0.5%
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It is an election year after all, so why would we not expect a budget announcement with cash enticements? The total cost of this budget is forecasted at $17.1 billion
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