Fringe Benefits Tax (FBT), GST, Tax Deduction

Planning your annual work Christmas party should be a joyous occasion, a chance to thank your dedicated team for their hard work throughout the year. But for many Australian business owners, the festive cheer often comes with a side of tax-related questions. Understanding the ATO's perspective on your end-of-year celebrations is crucial to avoid unexpected Fringe Benefits Tax (FBT) bills, maximise deductions, and ensure compliance. Let's unwrap the tax implications of your work Christmas party.

‘Tis the season to be ATO compliant for work Christmas parties

Brett 02/12/2025

Planning your annual work Christmas party should be a joyous occasion, a chance to thank your dedicated team for their hard work throughout the year.

October brings crucial deadlines for Australian business owners. Understand your superannuation, BAS, and tax return obligations to avoid penalties and keep your business thriving. Stay compliant and stress-free.

October Deadlines: Navigating Super, BAS & Tax for Your Business

Brett 25/09/2025

October brings crucial deadlines for Australian business owners. Understand your superannuation, BAS, and tax return obligations to avoid penalties and keep your business thriving. Stay

If your business turns over less than $10 million annually and uses simplified depreciation, you can immediately deduct the business portion of eligible assets costing under $20,000.

Do you qualify for the instant asset write-off?

Brett 06/06/2025

Good news from the ATO for the 2024–25 income year! The $20,000 instant asset write-off is available. If your business turns over less than $10

So, what's under the spotlight this time? The ATO is focusing on making sure you know that business income is not personal income, so keep those lines clear! They are also looking at deductions and concessions, so make sure you're claiming correctly and legitimately.

ATO focus points for small business

Brett 13/12/2024

Do you want to stay on the ATO’s good side and keep your business shining bright? They’ve just released their latest focus areas for small businesses,

You might be contacted by the ATO about their Medium and Emerging private groups tax performance program. This program helps businesses understand and correctly manage their tax obligations. The ATO has identified common errors and is proactively reaching out to help businesses avoid penalties.

Important info from the ATO for growing businesses

Brett 06/12/2024

As your business expands, your tax obligations may change. The ATO is focusing on businesses experiencing significant growth, which might now fall into the category

Super, taxes and energy OH MY!

Brett 18/06/2024

Some pretty big changes are headed our way on July 1st. We know you’re busy running your business, so we’ve got the lowdown on how

If your business is invested in enhancing the capabilities of your team through external training, there's good news on the horizon. The Australian Taxation Office (ATO) has introduced the Small Business Skills and Training Boost, designed to support businesses like yours in nurturing talent and fostering growth.

Could your business benefit from the skills and training boost?

Brett 04/04/2024

Businesses with an aggregated annual turnover of less than $50 million may qualify for this initiative. Eligible businesses can enjoy an additional 20% bonus tax