Australia
During this festive season: consider your FBT obligations

By Rebecca Nicola on 21/06/22 - Mins to read: 2 minutes

The festive season is here, and with it come the Fringe Benefits Tax (FBT) implications related to Christmas parties, client lunches, and gift giving and receiving. This means now is the perfect time to consider FBT and manage the additional costs proactively. If your employees are attending client functions, business-led...
Read More >
Investing in the future of early childhood education: the Worker Retention Payment initiative

By Asif Joowalay on 21/06/22 - Mins to read: 2 minutes

The Australian Government has unveiled a transformative initiative to strengthen the early childhood education and care (ECEC) workforce—the Worker Retention Payment (WRP). This bold program directly responds to the challenges of attracting and retaining skilled professionals in the sector, ensuring they are recognised and rewarded for their essential contribution to...
Read More >
Changes to Vacant Residential Land Tax

By Dempsey Smythe on 21/06/22 - Mins to read: 2 minutes

From 1 January 2025, Vacant Residential Land Tax will apply to residential properties across Victoria if they have been vacant for more than six months in the preceding calendar year. For the first time, this now includes holiday homes in Victoria. Applications for exemption to this tax, where applicable, must...
Read More >
A CFO’s guide to thriving amid economic uncertainty

By James Fox on 21/06/22 - Mins to read: 2 minutes

As a CFO, effectively managing costs and cash flow is central to leading your organisation through financial fluctuations. With rising debt costs and unpredictable market dynamics, ensuring liquidity and stability requires more than just balancing the books—it demands foresight, agility and a proactive approach to financial controls. As the ATO...
Read More >
What’s on the ATO’s radar? Areas to watch out for in FY25

By Scott Harrington on 21/06/22 - Mins to read: 2 minutes

Every year, the ATO publishes a summary of the areas that they will focus on when reviewing your tax lodgements. While some of these are similar issues each year, they often have specific areas that are sure to get attention in your lodgements if you fall within the ATO’s scrutiny....
Read More >
Lack of exit planning harmful for health industry

By Paul Copeland on 21/06/22 - Mins to read: 2 minutes

Just under 35% of practice owners intend to exit their practice within the next six to 10 years, according to William Buck’s leading annual 2024 Exit Smart Report. Yet over half of all practice owner respondents lack an exit plan, risking substantial sale proceeds by being unprepared. This highlights a...
Read More >

Do you have a question you'd like us to answer?

Send it through and we’ll get it to the right person.

Get in touch