Cyber Security Awareness

As technology continues to advance, the threat of falling prey to cybercrime grows.

Cyber criminals are always looking for loopholes and vulnerabilities in your organisation’s technology infrastructure, hoping to disrupt operations or access sensitive data. It’s vital that SMEs and NFPs take proactive action to reduce these cyber risks.

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Annual self-review requirement for NFPs

From 1 July 2023, NFPs with an active ABN that self-assess as eligible for income tax exemption (ITE) must lodge an annual self-review to continue to access the ITE.

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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 use of company vehicles) are one of the most popular fringe benefits in Australia. As a result, FBT exemption for electronic vehicles has been keenly anticipated.

What do employers and employees need to consider?

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Building organisational resilience through audit and assurance

Why is building organisational resilience important for your business? What role do audit and assurance play?

Businesses globally are on a path of continuous change, amid extreme political, environmental and catastrophic events. At the same time, the pace of digital transformation continues to increase at record speeds, with more change expected in the next 10 years than we have ever seen in history. Building an organisation which is sustainable, and can flourish long-term, is crucial for all governing bodies and management from a business resilience and continuity perspective.

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