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Federal Budget Wrap 2023-24

Federal Budget Wrap 2023-24

Treasurer, Jim Chalmers, delivered the 2023-24 Federal Budget last night, where the Government has outlined a raft of measures which aim to strike a “considered, methodical balance” between fiscal restraint and supporting Australians through the current difficult times. The Government has announced a small surplus of $4.2 billion this financial year, the first in 15…

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How to eliminate FBT on your company car

How to eliminate FBT on your company car? Are you sick of paying as much as $9,000 fringe benefits tax (FBT) on your company car each year? There is a solution. The Government is exempting FBT on all electric cars and plug in hybrids, purchased after 1st July 2022. The purchase price must be less…

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WFH? Here’s what you can claim

working from home

Had another year of working from home? If yes, then you and 40% of Australians now work from home on a regular basis. Many people have purpose-made work spaces at home off the back of their COVID experiences and changing work cultures. Some have even bought new houses to accommodate their WFH needs. Here’s a…

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