Recently, the ATO has introduced a new process for linking clients with agents. The agent-client linking process has been developed to
ensure secure and streamlined interaction between tax agents and businesses. Businesses and self-managed super funds can use the ATO's
online services to nominate an agent. The following steps are for clients who need to nominate an agent.
We're always here to help our clients. Contact us on 03 5911 7000 if you require assistance with your Client / Agent Linking.
On 31 March, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. Who needs to lodge a FBT return? Find out here.
Why should you lodge an FBT return where no FBT is payable? Well, for the simple reason that it turns on a three-year deadline for the ATO to commence audit activities. This is a NEW ATO rule as a result of massive deficits due to COVID. The ATO need to gain more funds somehow...FBT liability is one of the methods.
