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7 Secant Street,
Liverpool NSW 2170

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Motor Vehicle FBT Changes

In July this year the Federal Government announced that motor vehicle Fringe Benefits Tax (FBT) rules were to be changed to remove the statutory formula method of calculating fringe benefits tax. Current novated leases or company vehicles will not be affected provided there is no material change to the lease condition. Car leases signed after […]

Self-Educated Expenses Cap Delayed

The Government has decided to defer the introduction of the $2,000 cap on work related education expense deductions until 1 July 2015. Upon announcement of the policy change, there were widespread protests from the education sector and professional associations. The government have stated the delay will allow them to further consult on how to best […]

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