by C&N Accountants | Dec 18, 2025 | Business, FBT (Fringe Benefits Tax), Small Business
Yes, staff parties, gifts and celebrations can trigger Fringe Benefits Tax (FBT). However, many common workplace celebrations are FBT-free if they meet the ATO’s minor benefit and on-premises rules. Why the ATO cares about staff celebrations Each year, the ATO reminds...
by C&N Accountants | May 30, 2025 | Government Support, Small Business, Superannuation, Tax & Accounting
Labor’s election win means changes are coming for your tax, super, and household budget. Here’s what you need to know to prepare – and what’s still on the table. What tax cuts are coming for individuals? The Federal Budget has locked in personal income tax cuts...
by C&N Accountants | Apr 17, 2025 | Business, Superannuation
If you’re a business owner, the last thing you want is unexpected financial obligations sneaking up on you, especially those tied to superannuation. Recent developments have highlighted that venues, gyms, and many other businesses may unknowingly be exposed to...
by C&N Accountants | Dec 18, 2024 | ATO, Business, Capital Gains Tax
The past few years have brought plenty of uncertainty, but 2025 offers the hope of greater stability – though there are no guarantees. Here’s a look at the key changes and challenges shaping the year ahead. A Federal Election is Looming Prepare for political...
by C&N Accountants | Dec 12, 2024 | Business
In response to the changing landscape of payments, the government has announced a plan to phase out cheques. The key dates to remember are: cheques will no longer be issued after 30 June 2028 and won’t be accepted after 30 September 2029. The Government is also...
by C&N Accountants | Aug 27, 2024 | Asset Protection, Business, Capital Gains Tax, Superannuation
Going through a divorce is tough, and it’s not just the emotional and financial strain you need to think about. Plenty of issues need sorting out, especially if you’re running a business. What Happens When There’s a Family Company? Suppose you and your partner have...
