Time to prepare for FBT
Remember, the Fringe Benefits Tax (FBT) year runs from
1 April to 31 March.
Remember, the Fringe Benefits Tax (FBT) year runs from
1 April to 31 March.
We’ve recently added three new people to the team at ATB partners.
‘Business as usual’ is returning to the ATO. This means it’s re-starting debt collection and audits. Now, more than ever before, your business needs sound, proactive tax and accounting advice.
Access to funding has always been a prohibitor of growth for SMEs, but the landscape is changing and boutique lenders could be the answer.
The ATO has begun sending ‘nudges and warnings’ in relation to Superannuation Guarantee obligations. Here’s what it means for small businesses in Australia.
ATB’s success has meant that in recent times, partners Michael Mekhitarian, Jim Vass and Paul Rattray have been asked to help other accounting professionals to develop their own businesses – to add greater value to clients – with deep understanding of their businesses and a wider range of advice.
Following on from winning the prestigious Pentalitix Award at the end of last year for achieving outstanding results for clients, Jim Vass was asked to present ATB Partners at the Accounting Business Expo in Sydney recently.
As small businesses grow, there’s a crucial juncture where sales start to take off, and revenue grows, but profit remains stagnant.
Organisations with 20 or more employees are already reporting through STP unless they have specifically been granted a deferral. And now, smaller-sized organisations will need to migrate to STP as well.
The tax and financial requirements for running a business can get overwhelming. What is an ABN, do I need one? What is GST?