tax
Followtax Archives
Key fringe benefits tax changes 2025: What to know about this March
Check the changes in FBT due to start in April.
Instant asset write-off 2024/2025: When will we get confirmation?
The $20,000 cut-off has never been permanently legislated.
Proposed tax cut for small businesses in Budget welcomed
The Federal Government has made a pre-Budget announcement that there will be cashflow support provided to small and fami...
The 2020 Budget delivers tax cuts and job creation incentives
The 2020 Budget is set to create jobs and rebuild Australia’s economy, says Treasurer Josh Frydenberg. “Under our plan, ...
Doing it tough? Tax help is available for SMEs
Is your business struggling through the pandemic? The Australian Taxation Office (ATO) is reminding small businesses hit...
ATO franchise tax update targets courier and cleaning businesses
Franchisees providing cleaning and courier services may be hit with financial penalties should they not conform to a new...
R&D tax deadline imminent
Franchisors must be ready for the R&D tax incentive April deadline. Now is the time for businesses to reassess their...
ATO benchmarking data set to boost small business
The Australian Taxation Office (ATO) has this week released updated benchmarking data to assist small businesses chart t...
Getting tax ready for EOFY in the franchise sector
If you’re a franchise or any other small business, it’s that time of year to be looking at strategies to minimise your t...
Beginners’ guide to claiming retail tax deductions
Running a business is hard enough without getting caught up in the complexities of the tax system. So, to make things si...