Weekly, fortnightly and monthly tax tables

Understanding how much tax to withhold from employee wages is crucial for businesses to remain compliant with Australian tax regulations. The ATO provides tax tables for different pay frequencies—weekly, fortnightly, or monthly—to guide employers in calculating the...

How to calculate FBT

Understand how to calculate FBT (or the fringe benefits tax) is an important tax and compliance consideration for all employers who provide fringe benefits to their employees. It’s up to each individual employer to record and report fringe benefits to the Australian...

Sole trader tax

The price to pay once you start working for yourself are the manageable tasks of mastering sole trader tax rates and compliance. If you’ve left the employee life and created your own business as a sole trader, you’ve embraced a host of freedoms. Working for yourself...

What is depreciation?

There’s a lot of assumed knowledge in the business world, especially when it comes to financial and compliance matters. But what is depreciation and why is small business depreciation important to you? You’ll probably have a good idea about depreciating assets, but...