Taxation

tax planning on a notebook

Why the First Half of the Financial Year is Crucial for Tax Planning

Don’t wait until it’s too late for tax planning. When it comes to effective tax planning, timing is everything. Yet every year, many individuals and business owners leave their tax strategy conversations until it’s too late, often just weeks before 30 June, limiting the opportunities available to reduce their tax bill or improve their financial […]

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Save tax on an electric vehicle

If you’re in the market for an electric vehicle (EV), or a plug-in hybrid vehicle (PHV), then it’s worth considering the recently introduced Fringe Benefits Tax (FBT) exemption on salary sacrifice for electric vehicles. When leasing a vehicle, one of the costs is the FBT on the personal use component of the car. For most

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