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Calculating car parking fringe benefits

Added by 9 years ago

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Car parking provided by an employer to an employee (or associate) is subject to FBT. FBT applies to car parking where one of the following benefits is provided: a car parking fringe benefit; or an eligible car p...

What are the different types of business costs?

Added by 8 years ago

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An accurate costing system can improve your business by identifying your most profitable products and services. By determining which revenue streams may be costing you more than the revenue generated, you can then ...

Effective management of costs and costing systems

Added by 9 years ago

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It is important that your business keeps an effective costing system to ensure your prices (and cost management) are accurate. Even simple records can make your costing system more efficient and easy to run. Your c...

Maintaining good relationships with your suppliers

Added by 8 years ago

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It is often a good business practice to maintain a good rapport with your suppliers. Maintaining a healthy relationship with your supplier will, in most cases, benefit both parties financially, but it is what the supp...

Assessing entertainment fringe benefits

Added by 9 years ago

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Entertainment provided to an employee (or associate) by an employer or a related party is subject to FBT. Entertainment of non-employee's (eg. clients) is not subject to FBT, but is most likely non-tax deductible. The...

Creating a KPI action checklist

Added by 9 years ago

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This section provides some strategies which might help improve your firm's performance. The lists do not cover all objectives, or all options, but may help show some suitable techniques. While reviewing this materi...

10-30-60 marketing rule

Added by 9 years ago

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People often want to know how much they should spend on marketing. There is no standard answer, but there are some good rules of thumb you can use. The 10-30-60 Marketing Rule says to spend 10 per cent of your adve...

Managing your petty cash

Added by 8 years ago

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We do not yet have a completely cashless society. This is unfortunate for business owners, because managing petty cash is time consuming and often prone to error - out of all proportion to the amount of money involved...

Do you have to pay your employees overtime?

Added by 9 years ago

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Awards or Agreements will usually stipulate that "ordinary hours" consists of a certain number of hours that can be worked on any one day and the "spread" of hours between which these ordinary hours can be worked if t...

How should you approach the media for publicity?

Added by 9 years ago

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There used to be a saying that there is no such thing as bad publicity. For businesses, the right publicity can be the difference between success and failure. Where often advertising can fail, PR and publicity can mak...