Increase in invoice financing as ATO ends moratorium

Increase in invoice financing as ATO ends moratorium

Invoice financing is a revolving line of credit against unpaid invoices and the most recent increases in applying for it were noted after the Australian Taxation Office announced it was resuming tax debt collections. The amount of debt owing to the ATO has climbed 14...
ATO releases guidance on FBT

ATO releases guidance on FBT

Employers are reminded that if they provided additional benefits to their employees during the FBT year in response to COVID-19 – such as paying for items that allowed them to work from home or COVID-19 vaccination incentives and rewards, that FBT may apply. For...