by MRG Redshaw | Mar 25, 2021 | Alerts, Announcements, FBT, Small Business, Tax, Uncategorised
As we approach the end of the Fringe Benefits Tax Year 2020/21, we want to issue a reminder to all employers that a motor vehicle odometer reading needs to be taken on the 31st March 2021, for the purposes of a car Fringe Benefit Tax obligation. This reading is one of...
by MRG Redshaw | Feb 9, 2021 | Alerts, Announcements, Business Solutions, Small Business, Tax, Uncategorised
For businesses managing a vehicle fleet, the Fuel Tax Credits system can be an excellent route for operators to claim full or partial refunds for the fuel tax (excise or customs duty) that’s included in the price of fuel. Under the FTC system, fuel used in...
by MRG Redshaw | Jan 15, 2021 | Alerts, Business Solutions, COVID-19 Support, Small Business, Uncategorised
With businesses now returning to work for 2021 following the Festive/New Year holiday period, a reminder that JobKeeper 2.0 – Phase Two extensions have now taken effect from 4th January 2021 and will run for the period until 28th March 2021. Under the final instalment...
by MRG Redshaw | Oct 21, 2020 | Uncategorised
Prior to 1 July 2020, mandated employer contributions such as Superannuation Guarantee paid into a superannuation account were accepted although, non-concessional or non-mandated contributions made by those aged 65-75 were subject to the “work test”. Effective from 1...
by MRG Redshaw | Sep 23, 2020 | Alerts, Announcements, COVID-19 Support, Small Business, Uncategorised
Parliament has signed-off on the JobKeeper 2.0 extension, which introduces a new fortnightly payment scheme for participants from 28 September 2020 to 28 March 2021. We’ve hightlighted the new changes introduced as part of JobKeeper 2.0, and outlined what...
by MRG Redshaw | Sep 21, 2020 | Alerts, Business Solutions, Small Business, Tax, Uncategorised
For businesses who have employed new full-time employees over and above their capacity across the 2019-20 & 2020-21 Financial Years, you may be eligible to claim a Payroll Tax – ‘Employment Growth’ Rebate, up to the value of $20,000 per year. As...
