1300 13 88 61

Business Accounting Solutions | Brisbane • Gold Coast • Sunshine Coast

A Wake-Up Call for Family Businesses on 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 vehicles provided to three brothers who run a large business empire...
New ATO clarity for home-based businesses

New ATO clarity for home-based businesses

Running a business from home—whether as a sole trader, freelancer, or small operator, has many perks. But when it comes to selling your home and potentially saving on tax, recent ATO guidance serves as a reality check.  The ATO has provided its views on how home-based...
Director Penalty Notices: A wake up call for business owners

Director Penalty Notices: A wake up call for business owners

Running a successful business is hard work, and sometimes, despite best intentions, tax obligations slip. If the business is operated through a company structure, the ATO can issue a Director Penalty Notice (DPN), holding company directors personally liable for unpaid...