Treasurer Jim Chalmers handed down his second budget last night, aimed at easing the cost-of-living pressures. Inflation is at 7%, the RBA have increased interest rates 11 times in the past 12 months, energy prices are increasing and housing affordability continues to be a significant issue.
This following article outlines some of the key developments in Fringe Benefits for the 2022-2023 Fringe Benefits (FBT) year. 1. Working From Home You may have provided employees with items to allow them to work from home (or from another location). Some items will usually be exempt from FBT if they are primarily used by your employees for work. The items include: Laptops Tablets Portable printers Other electronic devices Computer software Tools of trade This is a defined list and…
Day two of the BKM conference was about business development. Guy Mycroft from Mycroft Management and Consulting facilitated this day and did a fabulous job. Guy commented “It was great to see the talent you have in your organization, and especially good the contributions of the new people attending.” He also comments, “If you can generate an organizational wide culture of growth, the future looks assured.” Our leadership team had many comments on the Conference. Daniel Shaw, Director and SMSF…
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