Get Ready Early - Fringe Benefits Tax (FBT) 2019

At Altus, we are constantly surprised that a large proportion of small business owners don’t invest in the health of their business in the same way they would their own personal health and well-being. We say “surprised” as ultimately it’s their business ...

Many people believe that when you pass away you escape all taxes. Unfortunately, this is not the case.When a person dies, their nominated executor (the person responsible for dealing with the deceased’s assets and liabilities) must deal with any last tax ...

With the financial year coming to an end shortly, this time of year often means collecting receipts, bank statements and other tedious paperwork. We often see investors that have multiple platforms and accounts and very rarely do they know where their ...

SuperStream is a government reform designed to improve efficiency in the collection and reporting of employer contributions. The SuperStream standard comes into effect on 1 July 2014 for some employers and superannuation funds, including Self-Managed ...

Most of the measures taken in the budget are unlikely to have a major impact from an economic perspective. The effect is more likely to be a longer term cut in expenditure, particularly aimed at welfare. The immediate impact will clearly be on the higher ...

  The end of the financial year is fast approaching. With this time of year comes thoughts about tax deadlines, payments or refunds. If you’re a business owner or an investor, some questions that may have crossed your mind include: Have I paid too much ...

  Audit reviews, enquiries and investigations are continuing to increase for Individuals, Businesses and Self-Managed Superannuation Funds by the ATO. Sophisticated data matching technology has allowed detailed cross referencing of information from an ...

March marks the end of the Fringe Benefits Tax (FBT) year and time to make sure your business doesn’t pay any more FBT than is necessary.  Instead of giving you a boring description of what FBT is and your obligations, we thought we would take a ...

One of the most common questions we’re asked is "so where's the profit?" This is because the business's bank account hasn’t risen by the same amount as the profit. For our business clients, we have the tools to answer this question and appraise other ...