The Insights published on our website have been written by our professional staff strictly for educational purposes.

In some cases, Insights may no longer be up to date, and care should be taken when reading the articles. The publication date of each Insight is included for reference.

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    Understanding Fringe Benefits Tax and Novated Leases

    Whether you’re an employee eyeing a new car or an employer striving to boost your team’s morale, understanding novated leases as a fringe benefit and the associated tax is crucial.  Why?  Because it can lead to significant financial advantages and benefits for both employees and employers. Let’s find out more about novated leases, calculating their…

    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). …

    Loans for a New Businesses – 5 Options

    Are you ready to turn your business dream into reality, but a lack of funds is getting in the way?  We’re here to uncover five loans for a new business to help get your venture off the ground. We’ll discuss the pros and cons of each so you can make a financially savvy decision. 1.…

    Loans for Buying a Business– What You Need To Know

    Are you ready to unlock the door to your entrepreneurial dreams and buy a business? The key is the right loan.  The loan you choose will significantly affect the success of your new venture and your financial future.  So, let’s explore various loans for buying a business, the role of guarantors, and borrowing limits to…

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      Shred or Store? How Long You Need to Keep Tax Records in Australia

      You’ve just finished your tax return at tax time. The hard part is done. But then you look at the pile of receipts, invoices, and digital files you’ve gathered over the past year. Now you’re wondering: Do I have to keep all of this? It’s a common dilemma. Individuals, sole traders, and small business owners…

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      When Is the Last Day to Do a Tax Return? (It’s Not Always October 31st)

      Think October 31st is your tax deadline? Not always! If you lodge your own return, yes, October 31 is usually the cut-off. But if you go through a registered tax agent, you might have a much later deadline. When is the last day to do a tax return to avoid late penalties and stay on…

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      How to Save on Tax in Australia This Year: 7 Simple Ways

      Tax season is upon us! Are there legitimate ways you can save money on your tax bill this year?  There could be! Smart tax planning isn’t about finding loopholes; it’s about knowing how to make the most of the ATO rules that apply to you.  If you want to know how to save on tax…