Updates and changes to Fringe Benefits Tax (FBT) this past year
This alert outlines some of the major benefits and key developments over the last year concerning COVID-19. The following dates should be noted – Employers providing motor vehicle benefits need to take the odometer reading on the 31st March 2022. If the FBT return is lodged electronically and registered with a tax agent, the due […]
New Superannuation laws to be introduced
On the 10th of February 2022, parliament agreed to enact new laws in relation to superannuation, previously announced in the last federal budget. These new laws aim to provide greater flexibility for members to get more monies into their funds over their lifetime. A summary of the changes are below: Removal of superannuation guarantee (SG) […]
