Christmas Season & FBT Obligations

Christmas Season & FBT Obligations

As the festive season draws closer, many businesses will be organising Christmas functions and possibly providing gifts to their staff, clients and suppliers. To clarify any uncertainties in respect of this expenditure, we have provided below a summary of the Fringe...
Christmas Season & FBT Obligations

Private Health Insurance Rebate Changes

From 1 July 2012, the Government introduced three new “Private Health Insurance Tiers”. Private Health fund members will no longer be guaranteed the minimum 30% rebate. In addition, the Medicare Levy Surcharge will also be progressively increased based on annual...
Christmas Season & FBT Obligations

Changes to insurance provided by SMSFs

From 1 July 2014, trustees of an SMSF cannot provide an insured benefit in relation to a member of the fund unless the insured event is consistent with one of the following conditions of release of a member’s super benefits: deathterminal medical conditionpermanent...
Christmas Season & FBT Obligations

LBW Financial Planning

There has been a lot of press regarding financial planning in recent months, and not much of it has been good news. With financial planning issues being addressed at CBA and also Macquarie, it is common for people to question the need for a financial planner and for...