Fringe Benefits

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Fringe Benefits Tax Rate: What You Should Know

Whether it’s a “buy nine, get the 10th coffee free” deal, happy hour, or a 12-month gym membership for the price of 11, we all love a perk!  Fringe benefits are non-cash perks employers can offer sought-after prospective employees to make an employment position more desirable. But, there’s a catch- the Fringe Benefits Tax (FBT). …

Bookkeeping for Restaurants – How an Accountant Can Help

As a restaurant owner, you want your financial records to be like a masterfully crafted, perfectly seasoned dish, with every number in its proper place and every expense accounted for. But let’s face it, in the fast-paced world of the culinary industry, your finances can sometimes look more like a chaotic kitchen after a Saturday…

Accounting for Medical Practices

Running a medical practice is no small feat. From diagnosing ailments to offering life-changing treatments, your plate is always full.  But amidst the hustle of patient appointments and the commitment to improving lives, another aspect demands your attention- the health of your medical practice’s finances. The challenges of accounting for medical practices can be as…

What Are Some Examples of Fringe Benefits?

Imagine scrolling through a seemingly endless list of job postings, your eyes almost glazing over from the repetitiveness of them all. Each one is offering the same thing- a decent salary and standard holiday time.  But suddenly, one stands out from the pack! It’s offering much more. A laundry list of perks- accommodation, a company…

Property Fringe Benefits: Know the Rules

Property fringe benefits are like the icing that turns a plain cake into an enticing treat.  A standard employment package includes salary, annual leave, and standard benefits. While adequate, it might not stand out in a competitive job market.  On the other hand, property fringe benefits make your employment offer more appealing to help you…