Employers providing benefits
For businesses providing vehicles, entertainment, loans, reimbursements or other benefits that may need to be considered for fringe benefits tax.
Other Business Taxes & Reporting
Fringe benefits tax, payroll tax and TPAR obligations can be easy to overlook because they do not always form part of the regular BAS or annual tax return process. I help identify what applies, review the underlying records and manage the calculations and reporting required.
Based in Albany Creek and supporting clients across Brisbane North and Australia-wide.
Who this is for
These obligations often arise because of employee benefits, growing wages or payments to contractors. The key is identifying them early, keeping the right records and lodging accurately and on time.
For businesses providing vehicles, entertainment, loans, reimbursements or other benefits that may need to be considered for fringe benefits tax.
For employers approaching or exceeding state payroll tax thresholds, or operating across more than one state or territory.
For businesses in industries covered by taxable payments annual reporting and needing contractor payment information reviewed and lodged.
For owners who know there may be an additional obligation but need help working out whether registration, reporting or further review is required.
What's included
I review how the business operates, identify the transactions and employees or contractors affected, and explain the practical implications before the return or report is prepared. Where records need improvement, I will also help establish a clearer process for the next reporting period.
Why 85 Accounting
You deal directly with me, not a rotating team or junior staff member.
I explain what matters in plain English, without unnecessary accounting jargon.
Where useful, I will flag issues and opportunities that may affect your business or tax position.
How it works
Each obligation is handled as a separate workstream, with the relevant data, assumptions and action items clearly identified so nothing becomes buried in the broader accounting process.
We discuss the business activities, employees, contractors and transactions that may trigger an additional tax or reporting obligation.
I check the available payroll, accounting and supporting information and identify any gaps that need to be resolved.
The relevant return, report or calculation is prepared using the confirmed information and appropriate treatment.
The obligation is finalised and any practical improvements for future record-keeping or reporting are clearly explained.
Common questions
Fringe benefits tax can apply when an employer provides certain benefits to employees or their associates in addition to salary and wages. Common examples include cars, entertainment, expense payments and some loans or reimbursements.
Payroll tax is a state or territory tax that may apply when taxable wages exceed the relevant threshold. Grouping rules, interstate wages and some contractor payments can also affect the calculation.
A Taxable Payments Annual Report provides details of certain payments made to contractors. It applies to specified industries and activities, and the report is generally prepared from supplier and payment information in the accounting records.
Yes. I can review the relevant business activities and records to help determine whether an obligation is likely to apply and what information is needed before anything is registered or lodged.
Yes. Where practical, the reviews and reporting can be coordinated with your bookkeeping, payroll, BAS and annual accounting work so the same information is not requested multiple times.
Related services
Accurate payroll records provide the foundation for payroll tax and many fringe benefits tax reviews.
Keep contractor payments, employee costs and supporting transactions recorded clearly throughout the year.
Coordinate your regular business reporting with the less frequent obligations covered on this page.
Book a free initial chat to discuss your situation, likely requirements and the next steps.