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Does your business need an ABN?
It's not mandatory for a business to have an Australian business number (ABN), but there are a few good reasons why you should. Foremost among them will be that without one, your business will probably feel a whole lot poorer than it should. Other businesses that deal...
Benefits that fall “outside” the FBT regime
With the 2017 FBT year only 4 days old, let's have a look at some of the benefits that do not attract FBT. The items that do not attract FBT include: a birthday present given to a child who works in a business run by the parents a wedding gift given by parents to an...
Handbags may be tax deductible
With tax time on the horizon, there may not be a better time to hit the shops for a new handbag. In recent weeks The Australian Tax Office has confirmed that handbags used for work are tax-deductible in certain situations, but as is the case for any item that may have...
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