Following many requests from clients SMART Business Solutions has now started a dedicated bookkeeping division offering you the opportunity to spend more time on your business and less time with the nitty gritty of bookkeeping. Bookkeeping packages can be tailored to your needs, so whether you need a “HELP ME” package where we team together with you, or a “DO IT FOR ME” package with our team doing it all for you. We use the latest technology to ease administration tasks, payroll processing & requirements and provide real-time accurate financial information to business owners to enable you to make informed decisions on your business. Our team are all qualified and experienced accountants. Whether your revenue is the $000’s or in the millions, we can assist you and your team with what you need. Contact us to discuss your needs.
On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. Who needs to lodge a FBT return? Find out here.
With the borders between the State and Territories all but open and 2021 in sight, there is a hunger for a return to normal. With Australia's desire to ‘get on with things,' sentiment reached its highest level since November 2013 and Christmas spending is expected to be consistent with previous years.
Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use.
