What’s new for the 2025 FBT Year?

What’s new in this FBT year? From 1 April 2024 (FBT year ended 31 March 2025), for certain benefits, employers will have a choice to use existing records in place of statutory evidentiary documents, such as travel dairies or employee declaration. The Fringe Benefits...

2020/21 Changes: Employment & Tax

The new financial year often brings with it vital changes. This year in particular, (2020/2021) brings with it new minimum wages, national unfair dismissal regulations and tax thresholds/rates, as will be explored in this article. The annual wage review of the Fair...

ATO Restarting the GST Audit Program

The ATO has provided us with the following update on GST audits relevant to the Public Groups & International (PGI) market: The PGI teams are starting their GST Top 1000 audit program in August and the ATO has decided to start its programs progressively over time....