Author: Joe

𝗪𝗮𝘆𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗿𝗲𝘄𝗮𝗿𝗱 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 𝗮𝗻𝗱 𝘀𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗵𝗮𝘃𝗶𝗻𝗴 𝘁𝗼 𝗽𝗮𝘆 𝗙𝗿𝗶𝗻𝗴𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁 𝗧𝗮𝘅. Fringe Benefit Tax (FBT) came about in 1985 so the

By applying the 63 day Rule for Holiday paid accrued, bonuses and Directors fees paid you can reduce your terminal and provisional tax bill. Come

Negotiating a discount on the new vehicle rather than a generous trade in value would have a positive impact on your terminal and provisional tax

The type and the value of some business assets will have more of an impact on reducing your terminal and provisional tax bills than others.

To reduce your taxable profit in the current financial year you could prepay some upcoming expenses for next year before or on the last day

If your business carries inventory  the value of this at the end of the year will have an impact on how much tax you will