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Before Your Start A Business, You Need To Know These Things

Starting your own business is a big step towards achieving your goals, but there are some key things you need to understand before you start. Each business structure has its own tax and reporting obligations. A little bit of research and preparation can go a long way in making sure your business is successful.

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How To Manage Your Businesses Christmas Expenses

Christmas is just around the corner. It’s a time for festivities and good cheer, but it can also be a time for undue stress and expenses. Additional costs may arise when it comes to your businesses Christmas party, staff holidays and gifts for clients and employees. Here are some tips to help you with your Christmas budget.

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Fringe Benefits and Christmas Parties

With Christmas around the corner, you might be considering throwing a party or two for your employees. Before you secure the venue and put your food order in, make sure you know your fringe benefits tax implications.

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Reporting, Lodging and Paying FBT

Did you know if you pay your employees to reward o motivate your staff, these fringe benefits will incur tax and you will need to report the amounts in your quarterly BAS?

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