ATO Key Dates for January 2025
The Australian Taxation Office has announced the following key dates to look out for in December 2024 & January 2025. 21 December Lodge and pay November 2024 monthly business activity statement. 21 January Lodge and pay December 2024 monthly business activity statement except for business clients with up to $10 million turnover who report GST monthly and lodge electronically. 28 […]
Maximising Fringe Benefits Tax (FBT) this festive season
As the festive season approaches, many businesses are planning ways to reward their teams with end-of-year celebrations and gifts. While these gestures of appreciation boost morale and strengthen workplace relationships, they often come with tax implications, specifically in the form of Fringe Benefits Tax (FBT). Understanding FBT and planning carefully can ensure your generosity doesn’t […]
