Record Keeping

Tax

Traps and tips: Preparing your 2021 individual tax return

Amanda Guruge, August 20 2021

With the dawn on a new financial year upon us, it is now tax season. With 100’s of thousands of people preparing their tax return in July and August following the end of a financial year, we wanted to provide you some tips on common mistakes. We always recommend that you should see an accountant to prepare your individual tax return. Simple mistake...

Tax

Car fringe benefits

Bruce Collins, July 13 2021

Providing your employees with a car – what are the FBT implications? A way of incentivising employees is by providing them with ‘benefits’ in addition to their salary and wages. One of the most common benefits provided by employers is a car for private purposes. As a result of providing this benefit, they may be taxation