FBT 2021: Tax & Employee Benefits
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…
The Power of the Team Survey
If there’s one thing business owners shy away from more than holding their team accountable, it’s holding themselves accountable to their team. Many of us begin working for ourselves because…
Benefits during emergencies exempt from FBT
If your business assists employees during an emergency, for example floods, bushfires etc., then fringe benefits tax is unlikely to apply to the assistance you provide. While we doubt anyone…
The Three Categories of Succession Planning
There are many benefits to being a small business owner such as being your own boss, leading a team and the ability to give back to your community. A well-funded…