Think you might be non-compliant when it comes to FBT? You’re not alone. The ATO have identified a high level of non-compliance in this area, which is likely due to a lack of understanding and professional help. This is where Fringe Benefits Tax accountant professionals like us come in.
Get Fringe Benefits Tax compliant with the right advice
With the right advice and guidance, your business will be FBT compliant in no time. You’ll also have peace of mind knowing that your FBT obligations are in the hands of an expert accountant whilst you focus on more important things, like running your business.
How Crest Accountants can help
Crest Accountants are here to help. We provide advice on the different calculation methods available when assessing Fringe Benefits Tax and work with you, when considering salary packaging offers and arrangements in an effort to effectively reduce Fringe Benefits Tax liabilities.
With business accounting and taxation specialists who provide expert advice through transparent relationships built on trust, we can help you reduce your Fringe Benefits Tax liabilities.
Our FBT and Salary Packaging services include:
FBT returns preparation
FBT compliance advice and maintenance
Salary Packaging formulation and review
Comprehensive FBT consultations
It’s time to get Fringe Benefits Tax complaint with the right advice. Contact us at Crest Accountants on the Gold Coast to find out how today.
‘Tis the season for giving – and for plenty of business owners, that means giving gifts to staff and clients. On the personal front, there are many opportunities to donate to worthy causes at Christmas time, and of course, throughout the year, as well. Not only do making donations help you feel good, but many […]
It’s fair to say you and your employees have had a long, hard year so it makes complete sense you want to thank them for all that they have done and will continue to do in the new year. Isn’t this what Christmas parties are all about? Claiming some of the costs as a tax […]
New Year’s Resolutions – we all make them. Whether we keep them or break them though, that’s another story… Health, relationships and fitness related resolutions seem to be the most common, but what about our business, finances and accounting new year resolutions? Shouldn’t we be considering those too? We should! How do we expect our […]
You’re young, so you probably don’t need a will or plan for your estate yet, right? Wrong. The sooner you get your estate plan in place, the sooner you can continue focusing on your life, building your career and spending quality time with your family, with the peace of mind you deserve. You may also […]
You’ve worked hard for your assets; your home, business, cars, boat, shares and any other investments you may have, but are they adequately protected? Yes, you may have home and car insurance, but have you actually protected your wealth? These days, we have many things to worry about, and whilst we don’t want to add […]
Are you a property owner confused about what you can or can’t claim for your rental property? What you may not know, is that deductions are only viable during the time that you rented the property out or it was genuinely available to rent. Essentially, if the property is tenanted or if you’re actively seeking […]
Have you received a letter from the ATO about your SMSF? At the end of August 2019, The Australian Tax Office (ATO) sent letters to approximately 17,700 self-managed super fund (SMSF) trustees and their auditors. Why you received this letter? Under regulation 4.09 of the Superannuation Industry (Supervision) Act (SISA), your current SMSF investment strategies […]
Do you want your business to grow? If you’re reading this blog, then the answer is likely yes. As a business owner, you know your service inside and out and you’ve likely built your business around your skills, abilities and vision. What you may not know, is that how you structure your business, can be […]
As the sole director of a SMSF with a Corporate Trustee in place, I transitioned to Crest Accountants in 2017.
I am very happy with the professional relationship developed with Joanna Crandon. She is very approachable and always willing to explain any queries I have from time to time.
The Super Fund’s paperwork is kept up to date and any work required is diligently and promptly attended to.
The customer service I received is exemplary. Thank you, Joanna.
Helen Scarborough
Wesley from Crest Accountants has been looking after all our Accounting , Taxation and Financial Advice both personally and Business since 2014 .
I have found the Crest Accountants team to offer exceptional service and a professionalism. Care and attention to details is of high priority .
We have no hesitation in recommending Crest Accountants for your business and personal financial advice and accounting needs.
Wesley is always available to share his knowledge and expertise.
Mary Sarroff – Co-Founder – Sarroff Group
I have partnered with Crest Accountants for quite a number of years now. I guess one of the most valuable things to me as a business owner - apart from good smart accounting - is the fact that Crest are proactive in their support of my business.
Crest Accountants stay on top of things globally, nationally and locally in terms of what I need to be made aware of.
I liaise mostly with Troy who genuinely takes an interest in the wellbeing of both myself, and the health and growth of my business. He tends to see ‘big picture’ and that has been invaluable to me over the years. This will be even more essential as we begin to navigate higher volatility levels resulting from increased global instability in the seasons to come.
Matthew Williamson – Director – HT Concepts Pty Ltd T/as Nursery and Garden Supplies
Justin Fahey has been incredibly professional all the way through the process and I would like to express my appreciation! Justin made it easy for me to provide the required information about my cryptocurrency and his confidence & great knowledge is impressive. I will certainly choose CREST to look after my future tax returns and will highly recommend Justin to any person who needs help with cryptocurrency taxation. Thank you!
Claudia Klien
“I've been using Crest accountants for 5 years & it's always a great service. Every year whenever I'm ready, I send my files through their convenient WeTransfer program and write any comments. I've never had to go into the office been able to do it all conveniently from home at anytime I want. Excellent & efficient service every time.”
Michael Slivka
“I recommend using Brett and Wes to handle any accounting matters on the Gold Coast and surrounding areas. I have worked closely with them on my personal and business matters. I find them to be very thorough, professional and can endorse their ability to others.
Great Work Crest. Thanks for your ongoing support.”
Mason Kidman
“Growing a business is never easy which is why we approached Crest. We have been using Crest for the past 2 and half years and all we can say is thank you!
Ryan and the team have always provided professional advice. The advice is thorough and has always taken into account the pros and cons, especially from a Risk's perspective. We have been able to establish an efficient business structure which allows us to minimise tax where possible while working towards quarterly targets to grow the business. Without Crest, our understanding of the business would not be where it is today.”
FUKU Japanese Broadbeach Restaurant
“Recently I came on board as a client and cannot recommend Angela highly enough. To date, my experience with Angela and the team has been fantastic and I would not hesitate in providing a referral. I have been impressed with the prompt return of calls and emails and have had all work completed within our agreed time frames. The valuable taxation and small business advice I have received has been incredibly useful and provided me with support and guidance on my personal and business journey. If you are looking for a Tax Accountant or Advisor, don't hesitate in making the move over to Crest.”
Lauren Gregory – Innovative Bean Counting
“I highly recommend Crest Advisors. I have been working with Crest for 4 years and they assist me personally and my business in several areas including Cashflow forecasting, tax planning, business structuring, BAS, Finance, Insurance and SMSF. They provide excellent services and will help you achieve your personal and business goals.”
Jed Newnham – Managing Director of Newnham Scaffolding
“Crest are fantastic accountants that go above and beyond in helping to keep our business run smoothly. We have been with them for the whole time we have been in business and each and every member of the team is accessible at anytime and have always gone out of their way to supply the information we need. Thank you for your great service!”
Shane and Kristy – Gold Coast Fresh Meat Centre
“Crest Accountants...we cannot recommend them highly enough!! Throughout the years Wes and his team have supplied us with their expertise and wonderful service. With a genuine concern for you and your business they are professional yet very comfortable to work with. We are grateful for their service and continue to look forward to working with them in years to come. Thanks Crest!”
Carree and Brett Pawson – Brett Pawson Metal Roofing
“I have partnered with Crest Accountants for quite a number of years now. I guess one of the most valuable things to me as a business owner - apart from good smart accounting - is the fact that Crest are proactive in their support of my business.
Crest Accountants stay on top of things globally, nationally and locally in terms of what I need to be made aware of. I liaise mostly with Troy who genuinely takes an interest in the wellbeing of both myself, and the health and growth of my business. He tends to see ‘big picture’ and that has been invaluable to me over the years. This will be even more essential as we begin to navigate higher volatility levels resulting from increased global instability in the seasons to come.”
Matthew Williamson – Director – HT Concepts Pty Ltd T/as Nursery and Garden Supplies
"Troy and the Team at Crest Accountants always are a pleasure to deal with.
My tax scenario was very complex however it was really relaxed and easy to chat it through.
It feels so good to have it all back on track."
Nick Moore
"Since 1996, I’ve entrusted the firm and its staff with my personal and business-based financial affairs. Their expertise, guidance, and comprehensive ‘on-tap’ counsel have been invaluable to all aspects of my accounts and financial management, and both the partners and accountants have worked tirelessly to keep the many elements of my financial matters on track, and in my best interests."
Dr. Dimitri Kopanakis – Managing Director - String Central Pty Ltd
“Crest Accountants have been our accountants and financial advisors for 15 years. We have found them to be reliable and competent and have placed great value on the many suggestions they have made to us in this period which include: Company and Superannuation Structuring; Financial Planning; Budgeting and Taxation Strategy. They have been pro-active to any legislation changes and have advised well in time to make such changes which are necessary for compliance and protection of our company. We can recommend them to any company wishing to make use of their services.”
Lynn Flynn – General Manager - Protea Properties Pty Ltd