FBT year-end checklist

March 31 marks the end of the2021/2022 fringe benefits tax (FBT) yearwhich commenced 1 April 2021. It’s timenow for employers and their advisors toturn their attention to instances wherenon-cash benefits have been providedto employees, and also where privateexpenses...

MARCH 2022

On-boarding new employees With Australia now opening back up after the COVID restrictions, unemployment is tipped to fall to the lowest rate in just over 50 years – down to under 4%. If over the coming period you hire new staff, there are certain steps you should...

February 2022 Newsletter

Single Touch Payroll 2: The time has come In the May 2019 Federal Budget,the Government announced that Single Touch Payroll (STP) would be expanded to include additional information, building on the first stage of STP which was made compulsory for most employersfrom 1...

December 2021 Newsletter

Have you obtained your director ID? Make sure you do. The director identification number (director ID) regime is now in place with Australia’s newest company directors having to comply first. Director IDs are a unique 15-digit identifier that a director will apply for...

Employee share schemes and start-up concessions

Employee share schemes and start-up concessions by Valentine Tse | 27 June 2017 Motivationally speaking, there’s not much that beats a financial reward. And as it is generally accepted that business owners are the most driven to see their business succeed, giving...