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Latest News
FBT exemption for electric car Bill passed
December 2022The Government has advised that it has approved a FBT exemption for eligible cars made available for employees by employers.The measures will apply retrospectively to eligible cars first used on or after 1 July 2022.Eligible vehicles include:Battery electric vehiclesHydrogen fuel cell electric vehiclesPlug-in hybrid electric vehicles – (up until 1 April 2025)Additionally, to be eligible for the exemption the value of the car at the first retail sale must be below the luxury car tax threshold for fuel efficient cars. ($84,916 22/23 year)Also, a second-hand electric vehicle MAY qualify for the exemption,...
Find Out MoreDirector ID deadline effectively extended to 14 December
December 2022The Commissioner of Taxation has advised that the Australian Business Registry Services (ABRS) will...
Find Out MoreSUPER GUARANTEE CHANGES – WITH EFFECT FROM 1 JULY 2022
October 2022To avoid additional costs (including the superannuation guarantee charge), you must pay the right amount...
Find Out MoreOur Happy Clients
“As a fast growing company in the software industry, we need assistance across a wide range of services including accounting, tax, payroll, compliance and general advice and support from time to time.
The team at SME have been consistent and flexible with their invaluable support and guidance over the past 10 years, a time during which we have grown from zero to a multi-million dollar a year business.”
Hennie Laubsher, Managing Director, SourceCode ANZ Pty LtdSee more from our happy clients
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