Practice Update March 2025 – Camberwell Accountants

Camberwell Accountants

+61 468 552 265

Camberwell Accountants

Posted on March 8, 2025

Practice Update March 2025 covers following points:

How to master employer obligations in 2025?

Taxpayers who employ staff should remember the following important dates and obligations

Fringe benefits tax (‘FBT’)

31 March 2025 marks the end of the 2024/25 FBT year. Employers should remember the following regarding their FBT tax time obligations.

They should identify if they have provided a
fringe benefit. If they have, they should
determine the taxable value to work out if
they have an FBT liability.
They should lodge an FBT return and pay
any FBT owed by 21 May 2025. If their
registered tax agent lodges electronically for
them, they have until 25 June 2025.
They should keep the right records to
support their FBT position.

Click here for Practice Update March 2025

Practice Update March 2025 – Camberwell Accountants

1

Make a Call

If you are ready to leave your tax in the hands of a professional, you can always call us. If it’s outside business hours, email us at info@camberwellaccountants.com.au and one of our professionals will endeavour to get back to you. Our reliable registered tax agents will always get back to you within 24 business hours.

2

Provide us

Once you get in touch with us, we want to learn about you. This will help us understand what support you need the most. Our team will answer all of your financial questions and help navigate a tax or bookkeeping service suited to you

3

Leave it to us

We will take all the financial and taxation work off your hands to free up time within your business. As tax and bookkeeping professionals, we will ensure your financial data and documentation are always up-to-date and compliant. We use systems including MYOB, Excel, Quickbooks and Xero to ensure your data is handled efficiently.

OUR HAPPY CLIENTS

Contact us

Drop Us a Line

footer-cta