Spotlight on Fringe Benefits Tax: Pay to be nice

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Top tips at tax time from 542 Partners

Are you a nice employer? Do you shower your staff with benefits when they make their targets? Sometimes YOU need to pay to be nice. Enter > Fringe Benefits Tax. Fringe Benefits Tax (FBT) is a tax levied on benefits provided by an employer to their employees. It is worth noting that if you are a director and conduct your … Read More

Franchising: what you need to know

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A few business owners we’ve come across that have 3 or more locations start thinking: Franchising. Franchising can seem like a great option; sell your idea to others while you sit back, relax and watch your business grow… right? Wrong. Franchising, while great for some businesses isn’t always the best option for others. It can seem like an easy way … Read More