With June 30 quickly approaching we are pleased to provide our year end checklists and questionnaires to help you get organised.
You can complete the forms electronically and just email them back to the office on reception@smartbusinesssolutions.com.au. Remember, we offer fixed fee upfront quoting so there are no surprises!
To streamline the process we now have the main checklists with supplementary checklists for only if you need. Our questionnaires and checklists include helpful hints as well!
Please don't hesitate to call any of the team if you need any assistance.
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.
