In order for us to manage your accounts effectively, you need to provide us access to your Xero file by giving us the Adviser role with Payroll Admin and Manage User rights.
We prefer you to invite our specific ‘subscriptions’ email address to Xero as we have created this separate email account to enable us to
manage the access to your Xero file within the firm.
This approach also provides security to your Xero file, ensuring that only authorised representatives of SMART Business Solutions will
have access to your financial information.
Enabling access to your subscription is easy, and only takes 6 simple steps.
We're always here to help our clients. Contact us on 03 5911 7000 if you require assistance with setting up our access to your Xero file.
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.
