From 1st July 2022 Fringe Benefits Tax (FBT) is not payable to the ATO on the private usage of zero or low emissions vehicles.
Ok great, but what does that mean.
Normally any personal usage of a company or work car will be subject to extra (FBT) tax to make sure tax is being paid on all benefits an employee receives that aren’t salary/wages.
As with everything, lots of fine print.
We’ve applied the magnifying glass for you.
Business.gov.au is offering grants of $10k – $25k for small and medium businesses to upgrade their equipment to make them more energy efficient.
Apply by 19th April.
The Energy Savings Scheme (ESS) provides NSW businesses with financial incentives to invest in projects which will reduce their energy consumption. Incentives are available to install new equipment or modify a current system.
Apply now
Funding is available to go towards the supply and installation of Closed-Circuit Television (CCTV) systems in small business premises
Apply by 30th April
The Digital Solutions – Australian Small Business Advisory Services program works with small businesses to make the most of digital tools and offers broader advice specific to your business needs
Apply by 31st March
Are you thinking about hiring an apprentice?
Are you across the federal and state government incentives available?
Better Business Partnership aims to help reduce energy and water bills of businesses in Sydney’s North Shore region.
Apply now
Stamp duty is exempt for eligible new and used electric light vehicles (EVs) under 4.5 tonne gross vehicle mass (including motorcycles) registered from 1 September 2021 in NSW.
From 1st September 2021
The small business rebate provides a rebate to small business owners when they implement solutions for safety problems in their workplace.
Apply now
Small Business Fees And Charges Rebate of up to $3,000
You may be eligible to claim back your company vehicle registration among other charges
The apply by 24th June (tomorrow)
claims accepted until 30 June 2022.
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