COVID-19 tests to be tax deductible
On 7th February 2022, the government announced that COVID-19 tests will be tax deductible and exempt from Fringe Benefits Tax (FBT) for businesses when they…
News
What you need to know about Work Christmas Parties, Gifts and FBT
As we approach the end of the year, many businesses consider providing gifts or hosting Christmas parties for their staff, clients and suppliers as a…
Introducing your Director ID requirements
From 1 November 2021, Australian Company Directors are required by law to verify their identity with the Australian Business Registry Service (ABRS) and obtain a…
Small Business COVID Hardship Fund
The Victorian Government’s Small Business COVID Hardship Fund will close at 11:59pm Friday 10th September 2021. The $180 million program has been introduced to assist…
New Financial and Business Support for Victorians impacted by Lockdown 5.0
Following the Premier’s announcement for Victoria’s fifth lockdown in July 2021, eligible businesses impacted by the COVID-19 restrictions will be able to seek financial assistance…
2021 EOFY Checklist for Business
With the end of the 2021 financial year fast approaching, our annual tax planning strategies are provided for your consideration. As a business owner, you…