AFS NEWS | Your partners in success
Happy New Year to all our valued clients and friends! We wish you and your families a happy and prosperous 2019.
Given the significant changes to how the Australian Taxation Office (ATO) is now assessing travel in utes, Fringe Benefits Tax (FBT) may now be applicable where it previously wasn’t.
When running a website it can be difficult to determine what you can claim upfront as a tax deduction and what you need to depreciate over time. It’s important to understand the tax implications if you are planning to launch a new website or refreshing an existing one.
Motor vehicle companies are predicting the Luxury Car Tax (LCT) will be abolished within the next two to three years, making a number of cars on the Australian market more affordable.
Summer is upon us and December arrived with bush fires in Queensland and flooding rains in NSW. Our best wishes go out to all those affected as well as our brave emergency services workers.
The Government has released a proposal to increase the thresholds for determining what constitutes a large proprietary company under the Corporations Act 2001.