Entries by synecticgroup

FBT exemption for electric vehicles in Australia

Fringe Benefits Tax (FBT) exemption for electric vehicles in Australia has now been legislated. The relevant legislation, Treasury Laws Amendment (Electric Car Discount) Bill 2022, received Royal Assent on 12 December 2022. It upholds the Government’s pre-election commitment and broader decarbonisation initiatives. Of all the employee ‘perks’, employer-provided cars (through novated car leases or private […]

December 2022 newsletter

In our last newsletter for this year, we take the opportunity to acknowledge some 2022 highlights and share what the team have been up to.

Local Buy Pre-Qualified Supplier re-appointment

Synectic Accountants & Advisers re-appointed to Local Buy as a Pre-Qualified Supplier Support local, buy local! Synectic are passionate about enhancing the prosperity of our people, clients and community and are pleased to be re-appointed to two new Local Buy arrangements: (These arrangements replace the previous BUS272 Business, Finance & Organisational Management.) The new arrangements […]

Xerocon 2022: Synectic looks forward

Offering inspiring speakers and exhibits from a growing number of Xero app partners, Xero’s annual event is the largest accounting technology conference in Australasia. Xerocon 2022 (Sydney) certainly didn’t disappoint Synectic’s five attendees. Here are some of their highlights (believe me, it was hard for them to narrow these down!)