FBT – 31st March 2021
This article outlines some of the major benefits and key developments over the last year concerning COVID-19 and Fringe Benefits Tax (FBT). For the lodgement of your businesses FBT returns please note the following important dates: Employers providing motor vehicle benefits need to take the odometer reading on the 31st March 2021. If the FBT […]
SMSF Property Valuations
By Daniel Shaw The ATO recently provided guidance on the types of evidence a trustee can use when valuing the property holdings in an SMSF. Prior to 1 July 2012, trustees could provide a valuation for SMSF assets every three years. However, they are now required to annually report the market value of assets with […]
