The Value of Tax Forecasting Before the End of the Financial Year
For many businesses, tax is something that only comes into focus once the financial year has already ended. By that point, most decisions affecting the outcome have already been made. Tax forecasting changes that approach by bringing visibility to your likely tax position before 30 June, while there is still time to act. April is […]
Division 296: What the $3 Million Super Tax Means — and What To Do About It
After several years of consultation and amendment, Division 296 — commonly referred to as the “$3 million super tax” — is now law. The legislation passed Parliament in March 2026 and applies from 1 July 2026, introducing a new layer of tax for Australians with very large superannuation balances. This article explains: The facts — […]
ATO Focuses on FBT Compliance: What Employers Need To Know
The Australian Taxation Office (ATO) continues to prioritise compliance with fringe benefits tax (FBT), using data-matching and risk-based reviews to reduce the FBT gap and correct non-compliance. Employers should be aware that vehicle benefits and related documentation are key areas of scrutiny going into the 2026 FBT year. The ATO’s own guidance highlights the importance […]
End of FBT Year: Tips for Minimising Fringe Benefits Tax
With the end of the FBT year fast approaching on 31 March 2026, now is the time for employers to review benefits, confirm records, and plan any last‑minute actions. Careful planning can help ensure you achieve the best outcome. Review employee benefits FBT can apply to a wide range of benefits provided to employees or […]
How Tax Structuring Helps Brisbane Businesses Reduce Liability
Brisbane is booming – there’s never been a more exciting time to be in business here. But here’s what many local business owners don’t realise: the structure you choose can mean the difference between paying 47% on your profits or as little as 25%. It can determine whether you’re personally liable if things go wrong, or whether your family assets remain protected. Why Structure Matters […]
Beyond Compliance: How Effective Tax Structuring Supports Business Growth in Brisbane
Strong businesses are built on more than great ideas and hard work, they are built on smart financial decisions, including the way they are structured for growth, protection, and opportunity. Tax structuring plays a critical role in this foundation. The right approach does more than manage compliance. It safeguards assets, strengthens cash flow, and positions […]
The Dos and Don’ts of Small Business Tax
Tips on Small Business Tax Small Business Tax can seem like a foreign language, especially when there are so many grey areas. That is why Chris Morris, our Business Development and structuring Specialist, has provided a general list of small business tax do’s and don’ts. DO – Begin with the end in mind. To determine […]
The Dos and Don’ts of Small Business Tax
Tips on Small Business Tax Small Business Tax can seem like a foreign language, especially when there are so many grey areas. That is why Chris Morris, our Business Development and structuring Specialist, has provided a general list of small business tax do’s and don’ts. DO - Begin with the end in mind. To determine [...] Reducing Fringe Benefit Tax (FBT) Liability for SMEs
What is Fringe Benefit Tax (FBT)? A fringe benefit is a benefit provided in respect of employment. This effectively means a benefit provided to an employee (or their associate) because they are an employee. An example of a fringe benefit being provided to an employee may be one of the following: Allowing your employees to [...] 5 Attributes You Should Look for When Selecting a Business Advisor in Brisbane
Advivo outlines the attributes you should look for when selecting a business advisor. Choosing the right business advisor in Brisbane can be paramount for taking your business to the next level. With the wide variety of options available, it's essential to understand the key attributes that make a business advisor exceptional. We explore five crucial [...]