Month: September 2019

Six important points every employee should know about the Fringe Benefit tax

Fringe Benefits Tax a year ends on 31 March. The ATO has a responsibility to examine whether every employee is paying FBT and the amount payable is right. In order to meet the fringe benefits obligations, we have maintained the list of each and every employee needs for the sake of knowing FBT reviews of …

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Australian Tax Office mmcpa

Tax office launches bowler service to trace suspected business owners

With the Whistleblower service launched by tax office on July 2019. The hotline helps the people can easily expose business owners that are suspected of operating black economy. The focus would be more on the people that encourage cash payments by offering special discounts says, Deputy Commissioner Deborah Jenkins. It is, in fact, described as …

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