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March is that time of the year when all things Fringe Benefits require a second look. This month's client update takes you through what the reporting requirements are before the end of the FBT year. We also look at the impact of social on business fortune, changes to how GST is remitted for new developments and whether your business is a likely candidate for audit.

As always, if you have any queries, contact our team on 9957 4033.

	The ATO's Fringe Benefits Hotspots Small business owners often struggle with their FBT Reporting requirements so as the end of the FBT year is near, we're highlighting the ATO's target areas for scrutiny.
	Power and Influence: What Can Make or Break You? Did a Kardashian really just wipe US $1.3bn off the share price of Snapchat?
	GST on Property Developments If a Bill currently before Parliament passes, then purchases of new residential premises or new residential subdivisions will need to remit GST as part of the settlement process.
	Will your business be audited? Are you likely to be a target for an ATO audit?
	Restricted access to small business CGT concessions Small business owners should be mindful of draft legislation to change small business CGT concessions to address integrity concerns.

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Disclaimer

This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.