The road ahead for shares

The road ahead for shares

Trying to time investment markets is difficult if not impossible at the best of times, let alone now. The war in Ukraine, rising inflation and interest rates and an upcoming federal election have all added to market uncertainty and volatility. At times like these...
FBT Hot Spots 2022 – Part 3

FBT Hot Spots 2022 – Part 3

In our third and final article (read Part 1 / Part 2), we’ve highlighted more hot spots for employers and employees to keep an eye on in 2022. Mismatched FBT and income tax amounts The ATO is picking up mismatches between the amount reported as an employee...
FBT Hot Spots 2022 – Part 2

FBT Hot Spots 2022 – Part 2

Following on from Part 1, we’ve highlighted more hot spots for employers and employees to keep an eye on in 2022. Motor Vehicle Problem Areas Just because your business buys a motor vehicle and it is used almost exclusively as a work vehicle, that alone does not...
FBT Hot Spots 2022 – Part 1

FBT Hot Spots 2022 – Part 1

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. Assistance and benefits provided due to COVID-19 Many businesses are likely to have provided different types of benefits and assistance to their employees...