We’re picking up on Division 7A and clarifying popular myths, whilst providing practical guidance and actionable, clear next steps as well as the best way to manage reporting when you own a Management rights business with Partners. This March edition of The Count Monthly is designed to help you make smarter, more confident decisions across your business and personal finances.
With the FBT year ending 31 March, this is a timely reminder for business clients with employer-provided or business-owned vehicles to ensure logbooks and odometer readings are up to date. A valid logbook covers a 12-week representative period (recording purpose, dates, kilometres and odometer readings), stays valid for five FBT years unless usage changes significantly, and can still be started now so long as it begins before 31 March.
Keep reading, and if you have questions or need help, reach out to us:
Phone: 1300 667 897
Southport: [email protected]
Coolangatta: [email protected]
The Count Gold Coast Team