SMART Business Solutions are proud to have been awarded several significant awards recently. The awards are a function of the partnerships we form with our client’s, our commitment to high quality work and the contribution made by the whole team at SMART Business Solutions.
The Accountants Daily Australian Accounting Awards awarded Finalist Best Marketing, Winner Accounting Firm Partner of the Year (Shannon Smit), Finalist Accounting Student of the Year (Hayden Winters), Finalist Administrative Assistant of the Year (Nicole Wicks).
We look forward to another year of working with our clients and committed team to building ono the achievements recognised by these awards.
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.
