Changes To Superannuation
There are a few changes to super coming into effect on 1 July 2023.
Here’s how they may affect you.
Employees
2026 – 3 years from now
As part of the last Federal Budget announcements, employers will need to change the way they pay their employees super from 1 July 2026. While this may seem years away….
Fringe Benefits Tax Time Is Coming
As we say goodbye to summer and welcome some cooler weather, tax time is heating up as we near the end of the Fringe Benefits Tax (FBT) year.
Fringe Benefit Tax (FBT) on Zero or Low Emissions Cars
Good news! From 1 July 2022 employers do not pay FBT on eligible electric cars and associated car expenses. Benefits provided under a salary packaging arrangement….
Attention Directors!
Are you aware of the changes to reporting Directors Fees as part of Single Touch Payroll (STP) Phase 2? If not, keep reading…
Employees…where are they?
The number one issue (by far) with the majority of small business owners at the moment is…..where have all the staff gone?
What the new super changes mean for you
As you all know, the 2022-2023 Federal Budget establishes the Government’s economic and fiscal policy for an upcoming year. It is important to note….
RAT Tests are now tax deductible
On 7 February 2022 the government announced that Covid-19 testing expenses are now tax deductible for any tests that are taken to be able to attend a work place.
Employees….where are they all?
One of the common themes we’re hearing from clients at the moment is ‘there’s a lack of good skilled workers available for employment……..
Super Guarantee Charge
If you’re anything like us, you are probably wondering how we have gotten to the end of January already! So here is your friendly reminder:
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