Selling the family holiday home

There are many considerations when it comes to selling a family holiday home such as pricing, timing, marketing, and even whether to actually sell that special place that may have been full of wonderful family memories. But if you do decide to sell, the capital gains tax (CGT) consequences, and any special rules that may […]

Is that ute really exempt from FBT?

Recent media reports suggest the ATO may have concerns that some tradies could be taking liberties with the FBT exemption available for utes and panel vans where private use is claimed to be minimal. Utes have been selling like hotcakes for some time and are now the biggest selling new cars on the Australian market. […]

Getting the most benefit from fringe benefits

The most cost-efficient benefit an employer can give an employee is one that is both deductible for income tax purposes and exempt from Fringe Benefits Tax (FBT). One such type of benefit is the ‘work-related item’ FBT exemption. Like all concessions, there are some requirements that must be met to take advantage of it. What […]

Why a Business Asset Management plan is vital for your business

Your business assets are cornerstones to your business operations. Without them, you can’t generate revenue and deliver a service to your customers. Spending the time and money on managing your assets more efficiently may sound like an unnecessary expense to the business. In our experience, business owners are more concerned about whether an asset is […]

December 2023 Newsletter

Give yourself yourself a super gift this Christmas Superannuation remains a cornerstone of financial planning for most Australians. In this issue, we provide you with a practical to-do list to make sure that your super is working optimally for you. This to-do list includes consolidating your super, reviewing your investment strategy, checking your beneficiary nominations […]