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Articles by McKinley Plowman

Your 2025-26 Fringe Benefits Tax (FBT) Preparation Checklist

February 26th, 2026

As we approach the end of the 2025–26 Fringe Benefits Tax (FBT) year on 31 March 2026, now is the time for preparation and to take control of your obligations. FBT can become complex for some businesses, especially where vehicles, travel, entertainment, hybrid work arrangements and employee reimbursements, or a mix of these, are involved.read more

Forecasting for Business Growth

November 19th, 2025

In the business world, knowledge is a powerful asset, particularly when it comes to understanding your financial future. While we can’t rely on a crystal ball for predictions, it is undeniably important to forecast the financial performance of your business. In fact, forecasting should be an integral part of your operational strategy, not something doneread more

MP+ 2025-26 Federal Budget Update

March 26th, 2025

The 2025–26 Federal Budget was handed down on Tuesday, 25 March 2025 by Treasurer Jim Chalmers of the Albanese Government. After two consecutive surpluses, this year’s Budget marks a return to deficit, with a forecast shortfall of $42.1 billion for 2025–26. This year marks another Budget with relatively little for businesses, particularly small to mediumread more

2024-25 Fringe Benefits Tax (FBT) – Is Your Business Compliant?

March 7th, 2025

The 2024-25 FBT Year ends on 31 March 2025… Attracting and retaining the best employees for your business is important - and many find that providing extra frills beyond traditional remuneration packages can be a great incentive to choose your business over another. A potential downside to this is that certain benefits may attract Fringeread more

How to Grow Your Startup Without Breaking the Bank

October 25th, 2024

Starting a business can be exhilarating, but for many new business owners, the challenge of growing their company with limited resources can feel overwhelming. The good news is, you don’t need a huge budget to expand your business. In this article, we’ll explore five affordable and effective strategies that will help you grow your startupread more

Which Business Structure is Right for You?

September 20th, 2024

People start businesses for a number of different reasons. Being your own boss, making a living doing something you love, taking advantage of a gap in the market, creating opportunities for other people, and so on. No matter your motivation, it’s important to get everything started on the right foot. Laying a solid foundation forread more

How Investment Property Gives You Tax Back

June 4th, 2024

Sometimes, the path to financial independence can feel like a never-ending cycle of earning, saving, and spending, with tax time thrown in for good measure to add a few more hurdles. So how do you get out of the rut and realise the financial and lifestyle aspirations you have for yourself and your family? Investmentread more

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