With the end of financial year approaching and volatile economic conditions ahead, we turn our attention to the topics of FBT implications of employee rewards and employee engagement through economic uncertainty in the May edition of our Corporate Newsletter.
Regards - Naomi Simson (Chief Experience Officer)
Rewarding Tax Tips - FBT & Rewards
HR leaders, Sales Directors and marketing types often ask about the tax implications of rewarding or saying thanks to their employees. As the end of the financial year approaches and we start thinking about what we are going to do to say well done, I thought it might be sensible to headline the FBT law and offer some pointers on what might be possible....
While the USA is currently weathering an economic storm, in Australia clouds are starting to form, driven by back-to-back interest rate rises, rattled consumer confidence and increasing financial market volatility. Under such a climate, investment in people is often unjustifiably first on the chopping block...