How to pay yourself a salary as a company director. Are you a company director looking to draw your salary in the most tax-efficient way? Managing your income as a business owner can significantly affect both your personal cash flow and your company's financial...
TMS – How to payout fully franked dividends as a company director
Guide on paying dividends as a company director. Do you want to improve your investment returns and reduce your tax liability? Fully franked dividends aren't just a way you can extract payment from your company; they can play a key role in helping you manage your tax...
Understanding Fringe Benefits Tax in Australia
Understanding Fringe Benefits Tax in Australia. Employers often provide perks like cars or loans as part of a total compensation package. However, the Australian Taxation Office (ATO) imposes a Fringe Benefits Tax (FBT) on certain employee benefits. Employers carry...
FBT for Small Business: What You Need to Know to Stay Compliant
FBT for Small Business: What You Need to Know to Stay Compliant. As a small business owner, you’re probably familiar with the various tax obligations that you need to comply with. One such obligation is Fringe Benefits Tax (FBT), which can be a little confusing. FBT...