by Thomas S Phabmixay | Apr 30, 2021 | Tax and Compliance
Published on Applying the Minor & Infrequent benefits Exemptions Written by: Thomas S Phabmixay General Manager . Many employers are unknowingly falling foul of the FBT regime through an incorrect interpretation of the minor and infrequent exemption allowed...
by Thomas S Phabmixay | Apr 30, 2021 | Tax and Compliance
Published on Using an Associate Lease to boost family income Written by: Thomas S Phabmixay General Manager . An associate lease is a tax effective way to acquire a vehicle while boosting the income earned by the family. HOW THIS IS ACHIEVED The following 4...
by Thomas S Phabmixay | Apr 30, 2021 | Tax and Compliance
Published on Providing Cars to Employees – Tips & Traps Written by: Thomas S Phabmixay General Manager . The provision of company cars to employees is a regular practice across the Australian business landscape. Generally, there are two reasons to provide a...
by Thomas S Phabmixay | Apr 30, 2021 | Tax and Compliance
Published on How The ATO Identifies Potential FBT Employers Written by: Thomas S Phabmixay General Manager . The ATO has signalled that there will be an increased focus on FBT this year. Given the ever-improving tools at the ATO’s disposal, in conjunction with...
by Thomas S Phabmixay | Apr 30, 2021 | Tax and Compliance
Published on Entertaining, Meals and FBT Written by: Thomas S Phabmixay General Manager . An everyday occurrence across the business landscape in Australia is the practice of taking both existing and potential clients out for a meal to cement the business...