March is here, and it’s a critical month for tax compliance—especially with the FBT year-end and tax planning season just around the corner!
Here’s what to mark in your calendar:
Key Dates for March 2025:
📅 7th March – February Monthly Payroll Tax 📊
Ensure timely lodgement to avoid penalties. Now’s also a good time to check payroll tax thresholds and exemptions in your state.
📅21st March – February Monthly BAS/IAS 📝
Keep cash flow steady by lodging your BAS/IAS early—don't leave it to the last minute!
📅 31st March – End of the FBT Year 🚗💼
If you provide employee benefits like cars, parking, or entertainment, now is the time to gather records and review FBT obligations.
March Business Tips from HelloLedger:
✅ Fringe Benefits Tax (FBT) Check-Up
Review your records for any taxable benefits provided to employees. Need help? Now’s the time to get your FBT sorted before lodgement season.
💰 Payroll Tax Review
Payroll tax obligations can change as your business grows. Take this chance to review wage thresholds and potential exemptions.
📊 BAS Prep Made Easy
Avoid cash flow surprises by staying on top of receipts, invoices, and deductions throughout the month.
🚀 End-of-Year Tax Planning Starts Now!
With the financial year-end approaching, now is the time to start thinking about tax-saving strategies. Reviewing your income, expenses, and deductions early can help you minimise tax and maximise profits before 30 June.
At HelloLedger, we help businesses stay ahead of tax deadlines and compliance—so you can focus on growing your business.
Need help with FBT, BAS, or tax planning? Let’s chat! 📞💼
Comments