Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Five things you need to get right this FBT season

With the FBT season now in full swing, it’s vital for tax professionals and managers to have the latest information. FBT expert Stephen O’Flynn outlines five things you need to get right with your 2019 FBT returns. FBT rate updates While there have been no major changes to the FBT rules, the following rates have […]

Five things you need to get right this FBT season

Five things you need to get right this FBT season

With the FBT season now in full swing, it’s vital for tax professionals and managers to have the latest information. FBT expert Stephen O’Flynn outlines five things you need to get right with your 2019 FBT returns. FBT rate updates While there have been no major changes to the FBT rules, the following rates have […] … Read More

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

Best suited for companies of all sizes that are tasked with handling global sales and use tax, VAT, and GST, ONESOURCE Determination and Compliance, offers a complete solution. ONESOURCE is designed to work with a variety of third-party applications to deliver complete indirect tax management from initial tax determination and calculation to complete compliance including forms processing and remittance. … Read More

FBT concession for in-house fringe benefits via salary packaging removed

FBT concession for in-house fringe benefits via salary packaging removed

The Tax Laws Amendment (2012 Measures No 6) Bill 2012 passed the Senate on 25 June 2013 without amendment and effectively awaits Royal Assent. The Bill implements the measure announced in the Mid-Year Economic and Fiscal Outlook 2012-13 to remove the concessional FBT treatment for in-house fringe benefits accessed by way of salary packaging arrangements. The changes […] … Read More