FBT Exemptions

Obtaining and keeping exceptional staff comes hand-in-hand with fringe benefits especially as talent can be hard to come by. When deciding on those perks for new and existing employees Fringe Benefits Tax (FBT) should be considered. While many assets are assessable under FBT there are some that are exempt. Minor Benefits Benefits to employees costing…

Record Keeping

With tax time just around the corner it is important to not only consider what you need to provide to your accountant but what you need to keep and for how long. The ATO has strict guidelines on how long supporting documentation needs to be kept in case of an audit or review. Why do…

Estate Planning Essentials

With an ever-growing, aging population estate planning is becoming a hot topic of conversation around Australia. It’s not easy approaching your own mortality and looking to your family’s future without you however it is one of the most important things you can do to help them after you pass away. Wills According to statistics from the…