Tax

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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Record Keeping helps in Tax Return

A Key to Easy Record Keeping | Helpful in Maximum TaxRefund

Australians lose huge chunks of money every year because they are unable to produce bills of expenses for claiming the deductions. This casual attitude toward record keeping costs huge in terms of tax planning. The basic habit of record keeping helps to save huge: At the time of filing of return of income, if the ATO questions …

A Key to Easy Record Keeping | Helpful in Maximum TaxRefund Read More »

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