Providing benefits can be a great way to recognise and reward your employees’ work, but they do bring Fringe Benefits Tax (FBT) complications.
I’ve lived most of my business life like many men: believing gender equality in tech is not my issue. But, it’s everybody’s issue.
The government elected to keep the $20,000 instant tax deduction in place for one more year, and many businesses may take advantage of the policy.
Federal Budget 2018 delivers optimistic budget with top priorities confirmed for SMEs and a much-looked for extension of $20k Instant Tax Write-Off.
This year’s Federal Budget brings a lot for small businesses to enjoy, including an extension of the $20,000 instant asset write-off scheme.
The $20,000 instant asset write-off is extended for another year, which is great news for small businesses.
Tonight the government has introduced a seven-year personal tax plan to make personal income tax ‘lower, fairer and simpler’, which aims to stimulate consumer spending.
As a result of the Federal Budget 2018, businesses of all sizes need to follow new steps to claim the R&D tax offset, and there’s a cap for smaller businesses.
As a business that offers solutions to 1.2 million Australian businesses and accountants, MYOB has some ideas on how our lives could be improved by tonight’s budget.