Let’s face it, it’s not often you’re at a barbeque and someone says; "you know what I really hate about FBT."
But if your day to day involves working in software that is supposed to help you it’s probably a conversation you’d love to be involved in. In reality, it’s probably a good way to free up your Saturday’s, an opening line like that is likely to see you spending a lot of time on your own.
The more things change, well the more they change! Check out this helpful blog from the ATO detailing the 2016-17 to 2018-2019 FBT rates and thresholds:
Sometimes when designing a product or service a company, or individual for that matter, will be faced with a choice, take the hard road, or the easy one. Often they choose the easy road.
You don’t know what you don’t know. Learn more about your FBT needs from this handy ATO blog:
https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/Types-of-fringe-benefits/
Like many good ideas, the genesis of One Plus One Solutions and their easyFBT software grew from a mix of necessity, ingenuity, and that often forgotten quality when it comes to a good idea, action.
An often asked question at day one of a University Business course is; where is the one place you can find all the best ideas? Students often answer at University, in the Boardroom…the answer is in the graveyard.
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