Fringe Benefits Tax – Beware of who you share your benefits with.
Where some businesses have tripped up in the past is where the source of the benefits provided is not clear cut – that is, where non cash components of remuneration are sourced, but from an associate, a related company or from a third party provider….
Is your business prepared for Single Touch Payroll?
Single touch payroll is a government initiative to streamline business reporting obligations, which is due to become compulsory from July 1, 2018. When a business pays its employees, the payroll information will be sent to the ATO via the business’s payroll software…..