Our goal is to be more than your accountant – we aim to be your business partner, offering insights that aid in your business growth. Each article is designed to deliver clear, information, assisting you in making informed decisions for your business.
Explore our content and use our expertise to improve your business journey.
For direct inquiries or tailored advice, please feel free to reach out to us through our CONTACT PAGE.
Fringe Benefits Tax 2025: What you need to know The Fringe Benefits Tax 2025 (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers that provide employees with the use of eligible electric vehicles (EVs) can potentially qualify for an Fringe Benefits Tax exemption. This should normally be the case where: The car is a zero or low emission vehicle (battery
Tax and tinsel Q&As: Answering your Christmas party tax questions The top Christmas party questions What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, when it comes to Christmas party tax questions, it’s likely that you will pay tax one way or another; it’s just a question of how. If you structure your celebrations to avoid fringe benefits tax (FBT), then you
FBT traps The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention and become FBT traps. Electric vehicles causing sparks In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles to employees without incurring the 47% fringe benefits tax (FBT) on private use. The exemption applies to the use of electric cars, hydrogen fuel cell
How Does Tax Apply to Electric Cars? Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on electric vehicles. The FBT exemption for electric cars If your employer provides you with the use of a car that is classified as a zero or low emissions vehicle there is an FBT exemption that can potentially apply to the