Family Business and Fringe Benefits Tax

Family Business and Fringe Benefits Tax

A Wake-Up Call for Family Businesses on Fringe Benefits Tax As Fringe Benefits Tax (FBT) lodgement season approaches, family businesses should carefully review the perks they provide to working directors and family members. A high-profile case involving luxury...
Your Small Business EOFY Checklist

Your Small Business EOFY Checklist

What Every Small Business Owner Needs to Do Before 30 June Don’t Wait Until the Last Minute – Start Tax Planning Now The end of the financial year is one of the most important times on the Australian business calendar. For small business owners, it can...
From Air Fryers to Swimwear: Tax Deductions To Avoid

From Air Fryers to Swimwear: Tax Deductions To Avoid

As we head into the 2025 tax season, I’m reminded of some of the more creative work-related expense claims that have crossed my desk – and unfortunately, the ATO’s rejection notices that followed. While I appreciate entrepreneurial thinking, there’s...